Toshiba advised on multibillion-dollar share placement
Clifford Chance has advised Toshiba on a significant share placement, which reached close last month.
![Toshiba advised on multibillion-dollar share placement](/images/articleImages-850x492/money-dollar-850.jpg)
Firm: Clifford Chance (Toshiba)
Value: US$5.4 billion
Area: Finance
Key players: The Clifford Chance team was led by partner Reiko Sakimura with assistance from partner Masayuki Okamoto, counsel Chihiro Ashizawa and senior associate Masafumi Shikakura, and further support from more than a dozen lawyers and paralegals including senior associates Yasuaki Dote, Hitomi Kurokawa and Yu Nimura, associates Yuki Hoshinaga, Hisao Ito, Yosuke Nomura, Keisuke Otsuka and Shin Setoyama.
Deal significance: The significant equity transaction involved a placement of new shares in the Japanese company to 60 fund investors located outside Japan, according to a statement from Clifford Chance.
Commenting further on the transaction, Clifford Chance lead partner Reiko Sakimura said: “We were delighted and honoured to advise on this unique and strategically important transaction”.
“The deal highlighted our team’s particular strengths in cross-border transactions, requiring constant focus on best delivery, superb teamwork and excellent communication with the numerous parties involved,” he added.
“It was a truly extraordinary feat requiring huge commitment from our lawyers and paralegals, and I’m very proud of the team’s achievements."
![Emma Musgrave](https://res.cloudinary.com/momentum-media-group-pty-ltd/image/upload/v1666567443/Lawyers%20Weekly/emma-musgrave-author-image_cjyhtk.jpg)
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
Email Emma on: