Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 13-01-2017 | Practice Area: | Corporate and M&A |
| Deal Title: | KKR Acquisition of the Entire Share Capital of Hitachi Koki | Industry: | General Industrials |
| Description: |
Simpson Thacher represented Kohlberg Kravis Roberts and Co. L.P. in connection with the planned tender offer by KKR's affiliate, HK Holdings Co., Ltd., to obtain up to 100% of the issued and outstanding common shares of Hitachi Koki Co., Ltd. In connection with the tender offer, KKR entered into a tender agreement with Hitachi Ltd. and Hitachi Urban Investment, Ltd. (“HUI”), pursuant to which Hitachi and HUI agreed, subject to certain conditions, to tender their approximate 40.25% and 10.9% holdings, respectively, of Hitachi Koki's common shares. The planned offer price and other transaction terms valued Hitachi Koki at approximately Y147.1 billion (approximately USD1.28 billion).
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| Financial Center: | Tokyo | Value: | 1000.01-5000.00 |
| Advised Party: | Private Equity Investor | Law Firm | Simpson Thacher |
| Target Company Jurisdiction | Japan | Acquiror Jurisdiction | United States |
| Classification: |
Financial Buyer Acquisitions Primary Buy-Out |
Lawyer | David A Sneider |
