Global law firm White & Case LLP has advised Panasonic Corporation on its acquisition of Blue Yonder, a leading end-to-end, digital fulfillment platform provider. Panasonic will purchase the remaining 80 percent of shares of Blue Yonder at an enterprise valuation of US$8.5 billion on a cash-free, debt-free basis, adding to the 20 percent stake Panasonic acquired in July 2020, also with the assistance of White & Case.
"We are honored to be able to assist Panasonic with this strategically significant acquisition," said White & Case partner Jun Usami, who co-led the Firm’s deal team across Japan, the US, the UK and Germany, amongst others. "The complexity of the transaction showcases the depth and breadth of our experience in global mergers and acquisitions capabilities and seamless delivery of integrated cross-border, cross-practice expertise, which White & Case is renowned."
For the first quarter of 2021, White & Case ranked #1 by value for global M&A in both Refinitiv (previously known as Thomson Reuters) and mergermarket's M&A League Tables.
The White & Case team which advised on the transaction was led by partners Jun Usami and Nels Hansen (both Tokyo) and local partner Shino Asayama (Tokyo), and included partners Keisuke Imon (Tokyo), Charles Larsen (Boston), Tilman Kuhn (Düsseldorf & Brussels), Frank-Karl Heuchemer (Frankfurt), Philip Broke, Nicholas Greenacre, Tim Hickman, Marc Israel (all London), Enrique Espejel (Mexico City), Leonardo Graffi (Milan), Steven Gee, Arlene Arin Hahn, Henrik Patel (all New York), Vivian Tsoi, Z. Alex Zhang (both Shanghai), Johan Steen (Stockholm), Era Anagnosti, Eileen Cole, Rebecca Farrington, Farhad Jalinous, Daniel Levin, Keith Schomig (all Washington, DC), local partners David Albagli (Tokyo), James Hsiao (Hong Kong), Carlos Daroca (Madrid), Tomas Scerba (Prague), counsels Shusuke Fukunaga, Takako Onoki (both Tokyo), Eric Quiles (Mexico City), Joshua Weedman (New York), Orion Berg (Paris), Si Wei Chua (Singapore), Jakub Gubański (Warsaw), Jeremy Kuester, F. Paul Pittman (both Washington, DC), associates Lorraine Yip, Nathaniel Rowe, Shintaro Kitayama, Michael Richter, Marina Tatsumi, Christian Orton, Keisuke Nishimura, Yilin (Zoey) Zhu (all Tokyo), Justin Terada, Anna Dold, Jan Lampert, Thies Schmitte, Sonja Sehr, David Smith (all Frankfurt), Jarrah Al-Buainain, Nashel Jung, Hyosang (Mark) Kim, Hiroyuki Koda, Mitchell Li, Arian Mossanenzadeh, Neeraj Shah, Peter Shelburne, Anthony Veveakis, Grace Wang (New York), Jan Jeram, Louise Lundberg, Nicolas Vande Velde (all Brussels), Yan Yan (Beijing), Yanbing Chu (Boston), James Ateh (Dubai), Ivan Lee (Hong Kong), Edwina Daws, Francesca MacSwiney, Benita Tibb (all London), Joshua Butler (Melbourne), Roman Gonzalez Melo (Mexico City), Sara Scapin (Milan), Jun Kim (Seoul), Chunlei Pang (Shanghai), Nicole Mao (Singapore), Shafinas Djuanda (Sydney), Klaudia Malczewska, Iwo Małobęcki (both Warsaw), Ata Akiner, Sandra Jorgensen, Junsuk Lee, Kyle Levenberg, Nicholas Putz, Ashley Williams, Mark Williams (all Washington, DC), technical advisor Dylan Casler (Boston), legal consultants Tianyu Ding, Yuning Zhou (both Beijing) and transaction lawyer Einat Goldstein (Frankfurt).
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