Morrison & Foerster (MoFo) and Skadden Arps Slate Meagher & Flom have secured lead advisory roles as Japanese telecoms group Softbank acquires a 70% stake in US mobile operator Sprint Nexel for $20.1bn (£12.5bn). The deal, thought to be the largest ever overseas acquisition by a Japanese company, will make Softbank the world's third-largest mobile phone operator by revenues.
October 16, 2012 at 06:16 AM
1 minute read
The original version of this story was published on Legalweek
Morrison & Foerster (MoFo) and Skadden Arps Slate Meagher & Flom have secured lead advisory roles as Japanese telecoms group Softbank acquires a 70% stake in US mobile operator Sprint Nexel for $20.1bn (£12.5bn).
The deal, thought to be the largest ever overseas acquisition by a Japanese company, will make Softbank the world’s third-largest mobile phone operator by revenues.
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