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Western Digital Corporation - Hoya Magnetics Singapore acquisition

US$0.00 m

Entry date - Monday, 28 June 2010
Jurisdiction - .
Practice - .
US hard disk drive manufacturer Western Digital Corporation acquires magnetic media sputtering operations of Hoya Magnetics. Acquisition consists of facilities, equipment, IP, working capital and R&D facilities.

Firm Allen & Gledhill Client Hoya Corporation Lead Lawyers Prawiro Widjaja Role Counsel	Firm Skadden Client Hoya Corporation Lead Lawyers Nobuhisa Ishizuka Role

Firm
Allen & Gledhill
Client
Hoya Corporation
Lead Lawyers
Prawiro Widjaja
Role
Counsel

Firm
Skadden
Client
Hoya Corporation
Lead Lawyers
Nobuhisa Ishizuka
Role

DEAL SUMMARY

• US hard disk drive manufacturer Western Digital Corporation acquires magnetic media sputtering operations of Hoya Magnetics. Acquisition consists of facilities, equipment, IP, working capital and R&D facilities.

• Skadden employed five-lawyer team from Japan office; WongPartnership retained seven lawyers from Singapore.

• Western Digital is longstanding client of OMM – in 2007 advised on US$1.25bn bridge facility used to finance acquisition of Komag; in 2008 advised on US$750m facility to refinance the 2007 bridge facility

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