9 December, 2020
Skadden advised Recruit Holdings Co., Ltd. in its offering of 86,111,300 shares of common stock. The offer price per share was JPY 3,947 (approximately US$ 37.9), for a total offer value of JPY 339.8 billion (approximately US$ 3.26 billion) The shares of common stock are listed on the Tokyo Stock Exchange. The offering closed on 2 December 2020.
The Skadden team was led by partner Kenji Taneda, with Asia Pacific Counsel Ken Kiyota and associates Kyle Huh, Akira Tago and Tatsuya Hasegawa. All attorneys are based in Tokyo.