TIS Inc. - Grab Holdings Inc.’s USD 39.6 billion SPAC merger
Leading Japanese law firm Nishimura & Asahi advised Japanese IT services provider TIS Inc. [TSE: 3626], on the proposed merger and listing of its strategic partner Grab Holdings Inc., the multinational ride-hailing company, which is preparing to raise approximately USD 4.5 billion using a SPAC and to list on NASDAQ.
The Nishimura & Asahi team advising TIS was led by partners Kohei Koikawa and Masataka Sato, supported by Kotaro Fuji.
Masataka Sato has extensive experience with a broad range of cross-border M&A transactions in the ASEAN region, including investments in and acquisitions of listed companies, self-owned or family-owned companies and start-up companies, the formation of joint venture businesses, as well as real estate development projects (including REIT). He also provides advice and solutions in relation to corporate governance, labor, and regulatory compliance matters at the PMI stage.
He has an extensive track record representing issuers, managers and selling shareholders in various capital markets transactions, incduling global IPOs, global follow-on offerings, convetibles bonds offerings, debt offerings, private investments in public companies (PIPEs), J-REITs offerings. He also has been active in fincance transactions by venture companies.