Starwood Capital Group in its proposed tender offer for Invesco Office J-REIT, Inc., a listed J-REIT in Japan, for 22,500 JPY per investment unit (total equity value of approximately 198 billion JPY, publicly reported debt of 126 billion JPY, for an enterprise value of approximately 325 billion JPY). This was the first-ever tender offer that aims to take private a listed REIT in Japan, as well as the first-ever hostile tender offer for a listed REIT in Japan.
Panasonic Corporation on its acquisition of the remaining 80% of the capital stock interests of Blue Yonder, a leading end-to-end, digital fulfilment platform provider, at an enterprise value of US$8.5 billion on a cash-free, debt-free basis. This transaction adds to the 20% stake of Blue Yonder which Panasonic Corporation acquired in July 2020, also represented by White & Case.
SoftBank Group Corp., a Japanese multinational conglomerate holding company, in the business combination between its portfolio company, Berkshire Grey, Inc., a US-based robotics company, and Revolution Acceleration Acquisition Corp (Nasdaq: RAAC), a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company.
BofA Securities Japan Co., Ltd., financial advisor to Mitsubishi Materials Corporation (MMC), one of the largest cement manufacturers in Japan, on the newly-formed joint venture deal which involves contributions of the cement-related business made by MMC and Ube Industries, Ltd. in Japan.
Mizuho Leasing Company, Limited in its US$2.4 billion acquisition of Aircastle Ltd., a Bermuda aircraft leasing company, together with consortium partner Marubeni Corporation.
Mizuho Leasing Company, Limited., a Japanese general leasing company, in the US$160 million acquisition of 50% of the membership interest of PLM Fleet LLC, a U.S. refrigerated truck leasing and rental company.
Special Committee of the Board of Directors of LINE Corporation (LINE) in connection with a proposed tender offer for the shares of LINE and subsequent business integration of LINE and Z Corporation (formerly known as Yahoo Japan). This transaction was awarded "M&A Deal of the Year: North Asia" at the Asia Legal Awards 2020 and "M&A Deal of the Year (Premium)" at the ALB Japan Law Awards 2020.
ValueAct Capital in its acquisition of a stake in JSR Corporation.
A leading Japanese company specializing in advanced materials and technologies in the sale of its Chinese subsidiary to a Chinese buyer for approximately US$ 100 million.*
A leading Japanese insurance company in its acquisition of a Japanese target company for approximately US$ 1.4 billion.*
*Experience prior to rejoining White & Case
