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Toyo Seikan Kaisha-Stolle Machinery buyout

US$775.00 m
  • Entry date - Wednesday, 23 November 2011
  • Jurisdiction - Japan
  • Practice - .
  • Toyo Seikan Kaisha-Stolle Machinery buyout

  • Firm
    Davis Polk & Wardwell
  • Client
    Toyo Seikan
  • Lead Lawyers
  • Role
    International counsel to acquirer
  • Firm
    Kirkland & Ellis
  • Client
    Stole
  • Lead Lawyers
  • Role
    International counsel to target
  • Firm
    Mori Hamada & Matsumoto
  • Client
    Toyo Seikan
  • Lead Lawyers
  • Role
    Japanese counsel to acquirer


DEAL SUMMARY
·         Toyo Seikan, Japan’s leading maker of cans and plastic bottles to acquire U.S. Stolle Machinery from fund GSO Capital Partners for $775 million

·         Expansion of business overseas and takes advantage of current strong yen, trading near record high

·         Kirkland & Ellis previously advised GSO Capital on the debt financing for its 2009 acquisition of Stolle Machinery


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