Legal Business

Tokyo deal wave anticipated following SoftBank’s £24.3bn ARM takeover

Lawyers working on the £24.3bn ARM Holdings takeover by Tokyo-based telecoms group SoftBank expect more M&A deals to come out of Japan after Slaughter and May, Freshfields Bruckhaus Deringer, Davis Polk & Wardwell and Morrison & Foerster (MoFo) scored roles on the deal.

Slaughters advised its long-term client, chip designer ARM, on the largest-ever acquisition of a European tech business. Senior partner Steve Cooke led on the deal alongside corporate partner Chris McGaffin and Brussels competition partner Jordan Ellison. Davis Polk worked alongside Slaughters advising ARM, with a team including managing partner Thomas Reid and London-based corporate partner Reuven Young.