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STB, MHM star in $1.3 bln sale of Hitachi Koki to KKR

BY Raj Gunashekar, Reuters |

Simpson Thacher & Bartlett has advised global PE firm Kohlberg Kravis Roberts (KKR) on its $1.3 billion acquisition of power-tool maker Hitachi Koki, which was advised by Mori Hamada & Matsumoto.
Japan’s Nishimura & Asahi set to open in Dubai

BY Chris Thomson |

Japanese law firm Nishimura & Asahi will open a representative office in Dubai in December this year, after receiving a licence from the United Arab Emirates Free Zone.
KWM, Bakers strongest legal brands in Asia-Pacific: survey

BY Ashima Ohri |

King & Wood Mallesons and Baker & McKenzie are the strongest law firm brands in the Asia-Pacific region, according to research firm Acritas, which also found that legal spend in the region is set to rise at double the rate of the global average.
Three firms on Nippon Life’s $1.7 bln purchase of Aussie life insurance unit

BY Eileen Ang |

Ashurst, Nishimura & Asahi and Herbert Smith Freehills have landed advisory roles on Nippon Life Insurance Company’s acquisition of an 80 percent stake in MLC Limited, a unit of the National Australian Bank (NAB), for A$2.4 billion ($1.7 billion).
Another high-profile exit for DLA

BY ALB |

DLA Piper’s Asia operations have been rocked by yet another big-name departure, with Biswajit Chatterjee, head of the firm’s Singapore corporate finance practice and global co-head of its India practice, leaving to join Squire Patton Boggs.
N&A expands into Indonesia with R&P alliance

BY Aviel Tan |

Japan’s largest law firm, Nishimura & Asahi (N&A), is expanding into Indonesia by establishing an associate office with Rosetini & Partners (R&P), a domestic firm that has advised Japanese companies in Indonesia.
A&O, KWM star in landmark acquisition of Thai bank

BY Kanishk Verghese, Reuters |

Allen & Overy is advising the Bank of Tokyo Mitsubishi UFJ (BTMU), a subsidiary of Mitsubishi UFJ Financial Group (MUFG), on its bid to acquire a majority stake, valued at $5.6 billion, in Thailand’s Bank of Ayudhya Pcl.
Nishimura & Asahi set to expand Vietnam presence

BY Kathryn Crossley |

Japan’s largest law firm by headcount, Nishimura & Asahi, has announced plans to open its second office in Vietnam.