Nishimura & Asahi, Simpson Thacher, Mori Hamada, And Shiomizaka Advised On KKR's Takeover Bid For Fujisoft

Nishimura & Asahi, Simpson Thacher, Mori Hamada, And Shiomizaka Advised On KKR's Takeover Bid For Fujisoft

Simpson Thacher & Bartlett, Nishimura & Asahi, Mori Hamada & Matsumoto, and Shiomizaka are advising on KKR's takeover bid for Japanese systems developer Fujisoft. The U.S. private equity firm KKR has launched a JPY558.3 billion (USD 3.78 billion) tender offer to acquire all shares in Fujisoft, a publicly traded company listed on the prime market of the Tokyo Stock Exchange.

The acquisition bid, announced on August 8, involves KKR purchasing over 63.79 million shares of Fujisoft at JPY8800 per share, with the tender offer scheduled for mid-September.

Fujisoft has appointed Mori Hamada & Matsumoto as its adviser, while a special committee established by its board of directors to review the buyout offer has engaged Tokyo-based law firm Shiomizaka as its counsel. The Mori Hamada team was led by Partners Gaku Ishiwata, Kunihiro Watanabe and Koki Kanemura.

KKR has selected Simpson Thacher & Bartlett and Nishimura & Asahi as its advisers for the takeover bid. Simpson Thacher Partners Noritaka Kumamoto and Jonathan Stradling are leading the team.