International law firm Freshfields Bruckhaus Deringer is advising financial investor RHJ International (“RHJI”) on the divestment of its stake in Japanese automotive supplier Asahi Tec Corporation to funds managed by Japanese private equity firm Unison Capital Group (“Unison”).
Unison will launch a takeover bid for all of RHJI’s shares in Asahi Tec on January 6, 2012. The value of the transaction will amount to JPY 14.2 billion (EUR 139 million).
The divestment is a further step in RHJI’s transformation into a group with exclusive focus on financial services.
The Freshfields team comprises corporate partners Stephan Waldhausen in Düsseldorf, Edward Cole, Junzaburo Kiuchi and a corporate associate Yutaka Kimura in Tokyo.