White & Case and Nishimura & Asahi have been advising on investment firm Yamauchi-No.10 Family Office’s unsolicited takeover bid for Tokyo Stock Exchange-listed marine construction company Toyo Construction for $654 million.
Yamauchu-No.10, which manages nearly $1.5 billion of assets for members of Nintendo’s founding family, is currently Toyo’s largest investor with a 28.51% stake. Last month, the asset manager, advised by White & Case, succeeded in replacing a majority of Toyo’s board of directors with seven of its nine nominees approved by the marine construction firm’s shareholders.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
