Clifford Chance LLP

11/06/2024 | News release | Distributed by Public on 11/06/2024 00:37

Clifford Chance advises MUFG Bank on sale of shares in a Japanese listed company

Clifford Chance advises MUFG Bank on sale of shares in a Japanese listed company

Global law firm Clifford Chance has advised MUFG Bank, Ltd. (MUBK) as selling shareholder in its sale of shares in a Japanese listed company through a Rule 144A offering. The sale by MUBK was conducted as part of the disposal of cross-holding shares.

Partner Reiko Sakimura said, "Clifford Chance is proud to support MUBK in this significant transaction, which aligns with Japan's regulatory push towards improved corporate governance."

The Clifford Chance team was led by Tokyo partners Reiko Sakimura, Yusuke Abe with support from counsel Chihiro Ashizawa, and qualified lawyer Masato Fujinaka in Tokyo. Partner Alan Yeung advised on US law matters from the firm's Hong Kong office.

This transaction highlights Clifford Chance's expertise in advising on cross-border equity offerings and its commitment to supporting clients in adapting to changing regulatory environments.