Japanese firms act on USD16bn NTT Data takeover | Japan

Mori Hamada & Matsumoto, Nagashima Ohno & Tsunematsu and Nakamura Tsunoda & Matsumoto are advising on Nippon Telegraph and Telephone’s (NTT) JPY2.37 trillion (USD16 billion) acquisition of NTT Data Group, Japan’s largest subsidiary buyout by a parent company since 2020. Mori Hamada is counselling NTT, with partners Akira Matsushita and Minoru Sawaguchi leading the deal team. The firm is providing overall advice on the transaction. Nagashima Ohno is representing NTT Data Group, advising on compliance and regulatory approvals related to the tender offer, with partner Soichiro Uno leading. The firm is also supporting the preparation of documents required for the