JXTG Nippon Oil & Energy Corporation - Sale of Irvine Scientific Group
Leading Japanese law firm Nishimura & Asahi has advised JXTG Nippon Oil & Energy Corporation (“JXTG Energy”) on its agreement with FUJIFILM Corporation to sell all of the issued and outstanding shares of JXTG group companies, Irvine Scientific Sales Company, Inc. and IS Japan Co., Ltd. (collectively “Irvine Scientific Group”), for approximately US800 million.
Irvine Scientific Group engages in R&D, manufacturing, sales and support of cell culture material and IVF reagents.
The Nishimura & Asahi team advising JXTG Energy was led by partners Hirokatsu Takahashi, Jiro Abe and Shingo Yamada.
People
Shingo has advised on a variety of domestic/cross-border M&A transactions, the establishment of joint ventures, business alliance transactions, as well as on equity financing matters. His areas of specialization broadly cover general corporate matters, including corporate governance and shareholders’ meetings. In particular, he has extensive experience providing advice on various cross-border/regional M&A transactions, including those in the U.S., Europe, and Asian countries.