Weil Gotshal & Manges, Clifford Chance (CC) and Linklaters have won key roles on Japanese bathroom fittings company Lixil's €3bn (£2.5bn) acquisition of German rival Grohe. TPG Capital and DLJ Merchant Banking Partners, Grohe's private equity owners, are set to sell their 87.5% stake in the company to Lixil and the Development Bank of Japan in a joint acquisition structure.
October 03, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Weil Gotshal & Manges, Clifford Chance (CC) and Linklaters have won key roles on Japanese bathroom fittings company Lixil’s €3bn (£2.5bn) acquisition of German rival Grohe.
TPG Capital and DLJ Merchant Banking Partners, Grohe’s private equity owners, are set to sell their 87.5% stake in the company to Lixil and the Development Bank of Japan in a joint acquisition structure.
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