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Picture perfect sale
Clayton Utz and Ashurst have advised on the sale of Salmat’s Business Process Outsourcing division to Japan's FUJIFILM Holdings Corporation.
Digital
Firms: Clayton Utz (Salmat Limited), Ashurst (FUJIFILM Holdings)
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Area: Corporate; M&A
Value: $375 million
Key players: Corporate advisory/M&A partner Geoff Hoffman (pictured) is leading the multi-disciplinary Clayton Utz team advising on the transaction, with support from senior associate Patricia Paton
Deal significance: The transaction was announced to the market on Monday (August 27). Salmat is Australia's leading omni-channel communications partner. The sale, which remains subject to FIRB approval, is expected to complete in mid-October.
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