Simpson Thacher is representing Kohlberg Kravis Roberts & Co. L.P. in connection with the planned tender offer (the “Tender Offer”) by its affiliate and subsequent transactions to acquire Taiyo Holdings Co., Ltd. (“Taiyo Holdings”). Taiyo Holdings is a leading global manufacturer of electronic materials, including solder resist for printed circuit boards. Taiyo also conducts business in various other sectors such as the medical and pharmaceuticals sector.
The planned Tender Offer price of JPY 4,750 per share has been determined based on negotiations between KKR and Taiyo Holdings. The commencement of the Tender Offer is subject to the fulfillment of certain regulatory approvals and other conditions.
The Simpson Thacher team includes Noritaka Kumamoto, Jonathan Stradling, Daisuke Ueta and Kaoruko Sakuramoto (M&A); Étienne Renaudeau, Dani Rabinowitz, Luke Cowdell and Giovanna De Cristofaro (Antitrust); and Makiko Harunari, Atsushi Usui and Mark Watson (Credit).