Login
Powered by
MOMENTUM
MEDIA
Powered by MOMENTUM MEDIA
Clayton Utz has advised Japan’s Shinsei Bank on the Latitude Financial Group acquisition.
Firm: Clayton Utz (Shinsei Bank)
Value: $300 million.
Area: M&A, finance.
Key players: The team was led by corporate partner and Japanese bengoshi Hiroyuki Kano and senior associate Shigeki Yamaura. They worked closely with the bank’s legal adviser, Anderson Mori & Tomotsune.
Deal significance: Under the transaction, Shinsei Bank will acquire 9.5 per cent interest in Latitude, followed by a 0.05 per cent interest subject to Foreign Investment Review Board approval.
Commenting on the deal, Mr Hiroyuki said: “The transaction highlights that there is continuing interest from foreign investors, particularly Japanese investors, in Australian assets. We congratulate Shinsei Bank and Latitude on the partnership.”
We're evolving — and so should your insights. Heads up — Lawyers Weekly is going premium from 1 May for just $5 a month. Stay informed without missing a beat. More information coming soon.
Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly.
You can email Naomi at:
Get breaking news
Naomi Neilson
