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Kusunoki & Iwasaki represent Nifty Corporation in

IBLC's Tokyo, Japan member has advised Nifty Corporation in Fujitsu Ltd's tender offer for acquiring the Nifty shares.

From Bloomberg:

Fujitsu Limited (TSE:6702) agreed to acquire the remaining 33.41% shares in NIFTY Corporation (TSE:3828) from a group of sellers for ¥11.4 billion on April 28, 2016. Fujitsu Limited will acquire the remaining shares in a short form merger if 90% are tendered. The tender offer period is from May 2, 2016 to June 15, 2016. A special committee of NIFTY was formed comprising of Jiro Sekine, Jun Iriya, and Nobuhide Miyamori. The transaction is expected to close June 22, 2016. Nomura Securities Co., Ltd acted as financial advisor for NIFTY Corporation and SMBC Nikko Securities Inc. acted as financial advisors for SMBC Nikko Securities Inc. while Kusunoki & Iwasaki acted as legal advisor for NIFTY.


DB's price was unchanged after the transaction was announced on 04/28/16.
Investor / Buyer
Fujitsu Limited
Creditor / Lender
Aviva Investors France SA
Citibank Japan Ltd.
Deutsche Bank AG
Goldman Sachs Group, Investment Banking and Securities Investments
Norges Bank Investment Management
RBC Trust Company (International) Limited, Asset Management Arm
State Street Bank and Trust Company
The Hongkong and Shanghai Banking Corporation Limited
The Vanguard Group, Inc.
Financial Advisor
Nomura Securities Co., Ltd.
Legal Advisor
Kusunoki & Iwasaki
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Posted by Communications Desk

2016-06-07 07:48:51