Davis Polk & Wardwell and Simpson Thacher & Bartlett, together with Nishimura & Asahi and Anderson Mori & Tomotsune, are advising on KKR-owned Japanese chipmaking equipment manufacturer Kokusai Electric’s $750 million initial public offering (IPO) in Japan.
The scheduled IPO, which will take place on the prime market of the Tokyo Stock Exchange on October 25, is slated to be the largest public float in Japan since 2018, when SoftBank took its domestic telecoms unit public with a $21 billion share sale.
