Blackstone has agreed to acquire a majority stake in Sony Payment Services Inc., a Japanese payment service provider, from Sony Bank, a wholly-owned subsidiary of Sony Group. Financial terms were not disclosed. New York-based Blackstone was advised by a Simpson Thacher & Bartlett team that included partners Makiko Harunari, Anthony King, Jonathan Lindabury and Etienne Renaudeau. Counsel information for Sony Bank was not immediately available.
Fintech
December 28, 2023, 3:06 PM