Paul Hastings, a leading global law firm, announced today that it is representing CLSA Capital Partners, the alternative asset management arm of CLSA Asia-Pacific Markets, Asia’s leading independent brokerage and investment group, on its sale of Japanese direct marketing company of health supplement products Everlife Co., Ltd to Korean public company LG Household & Healthcare.
This cross-border stock purchase transaction is valued at US$310 million and the deal is expected to close in late January 2013.
The Paul Hastings team was led by Tokyo-based partners Hajime Kanagawa and Ted Johnson.