Morrison & Foerster and Freshfields Bruckhaus Deringer have represented Japanese tech company SoftBank on its proposed $32 billion acquisition of British chip designer ARM Holdings, which was represented by Slaughter and May and Davis Polk & Wardwell.
White & Case advised Japan’s Mizuho Securities, which served as financial adviser to SoftBank on the transaction.
The ARM deal is one of Japan's biggest overseas ventures and the latest in a parade of Japanese companies seeking growth abroad as the domestic economy stagnates. This transaction also marks the largest public M&A deal in the UK this year and SoftBank's largest takeover to date.
The Morrison & Foerster team was led by Tokyo managing partner Ken Siegel and London corporate partner Graeme Sloane, and included partners Vlad Maly, Andrew Boyd, Gary Brown, Trevor James, Phil Slater, Ivan Smallwood, Noah Carr, Leo Aguilar, James Robinson, Dale Caldwell, Jeff Jaeckel, Rony Gerrits, Tom McQuail, Jessie Liu, Kevin Roberts and Andreas Gruenwald.
Meanwhile, the White & Case team was co-led by partners Jun Usami and Philip Broke and included partners Jacqui Evans, Holt Goddard and Seiji Matsuzoe.
