news

Latham & Watkins has advised U.S. investment bank Houlihan Lokey on its 65-billion-yen ($591 million) offer to buy Tokyo-based M&A advisory firm GCA Corp, which was counselled by Morrison & Foerster.

According to Reuters, the deal will help Houlihan Lokey to tap Japan’s growing M&A market. Dealmaking is rising in Japan, driven by local conglomerates seeking to divest non-core assets or looking overseas for growth in response to the country’s aging population, Reuters added.

The Latham team was led by partner Steven Stokdyk, Ivan Smallwood, and Hiro Takagi, with support from partners Stephen Wink, Nicola Higgs, Farhana Sharmeen, Josh Holian, Paul Dudek, and Larry Stein.

Partner Nozomi Oda led the Morrison & Foerster team, supported by partner Jeremy White.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Latham, Wachtell, Debevoise act on $3.4 bln Nippon AIG deal

by Nimitt Dixit |

U.S. law firm Latham & Watkins has advised Japan’s largest insurance provider, Nippon Life Insurance, on its agreement to acquire 20 percent stake in Corebridge Financial, a retirement solutions and investment products company, from American Insurance Group (AIG) for $3.84 billion.

Deals

Latham acts on Shell SG refinery, petrochemical asset sale

by Nimitt Dixit |

U.S. law firm Latham & Watkins has advised PT Chandra Asri Pacific, Indonesia's largest chemical and infrastructure solutions company, as part of a consortium buying Shell Energy and Chemicals Park Singapore (SECP) from Shell Singapore.

Features

MIDDLE EAST: IPO Oasis

by Nimitt Dixit |

The Middle East’s regional IPO markets are flourishing despite a global slowdown and geopolitical instability owing to the region’s long-term structural and regulatory reforms, a maturing diversified market and strong investor confidence.