Slaughter and May is advising Japan Industrial Partners on its recommended offer for Toshiba Corporation

Slaughter and May is advising Japan Industrial Partners Inc. (“JIP”) on the European, Middle Eastern, African and Australasian aspects of its landmark buy-out offer for Toshiba Corporation (“Toshiba”).  The offer values Toshiba at approximately $15.2 billion dollars (¥4,620 ($35) per share) and is recommended by Toshiba’s board.  Upon completion, the transaction will be Japan’s largest ever take-private deal.

Slaughter and May is leading a team of nearly 20 European, Middle Eastern, African and Australasian law firms, and is working closely with JIP’s lead counsel in Japan, TMI Associates.

JIP is a major Japanese private equity investment firm.  JIP specialises in turnaround, buy-out and carve-out investments, primarily in Japanese companies.

Toshiba is a Japanese multi-national conglomerate engaged in a range of products and services including power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives, printers, batteries, lighting, and IT solutions.  Toshiba is listed on both the Tokyo Stock Exchange and the Nagoya Stock Exchange.

Corporate
Paul Mudie Partner
Richard Hilton Partner
Samuel Franklin Associate
Philippa Mosley Associate

Katie Bolger / Visiting Lawyer

Competition
Jordan Ellison Partner
Alexander Chadd Partner
Matteo Negro Associate
James Wells Associate
Financing
Ed Fife Partner