Clifford Chance Advised Prime Strategy on Strategic Alliance and Public Tender Offer by GMO Internet Group

Clifford Chance Advised Prime Strategy on Strategic Alliance and Public Tender Offer by GMO Internet Group

Global law firm Clifford Chance advised Prime Strategy Co., Ltd. (Prime Strategy), a Japanese company listed on the Tokyo Stock Exchange and provider of cloud integration services, on the announced business alliance and public tender offer by GMO Internet Group for the proposed acquisition of a majority stake in Prime Strategy.

Valuing Prime Strategy at approximately JPY 6 billion, GMO Internet Group announced its public tender offer at JPY 1,600 per share, and is looking to acquire a minimum of 1,849,400 shares (50.01%) and up to 2,214,800 shares (60.00%).

Michihiro Nishi (Lead Partner) said, "We are honoured to be advising Prime Strategy on this important transaction, reflecting the trust our clients place in us for strategic transactions. This public offer is part of a broader story of growth and transformation across Japan's digital economy."

Prime Strategy is a technology company recognised for its expertise in cloud integration and web performance solutions. Tokyo-listed GMO Internet Group is a leading Japanese technology conglomerate, delivering a broad range of internet services including infrastructure, advertising and fintech, and continues to drive innovation through cloud, cybersecurity and emerging technologies such as blockchain.

The Clifford Chance team was led by Michihiro Nishi (Lead Partner) was supported by Tomohiro Terada (Senior Associate) and Hiromu Suemasa (Senior Associate), and Ryokei Abe (Associate) and Mikihiro Sato (Associate).

Click to know more about Clifford Chance.

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.