Deal of the Year and M&A Deal of the Year
Ripplewood's Y261 billion LBO of Japan Telecom
Advisers to Ripplewood: Goldman Sachs, JPMorgan Adviser to Vodafone/Japan Telecom: UBS
Finance provided by ABN Amro, Bank Of Tokyo-Mitsubishi, Citibank Credit Lyonnais, ING, JPMorgan Securities Asia, Mizuho Corporate Bank, Sumitomo Mitsui Banking Corporation, The Norinchukin Bank, UFJ Bank and WestLB
This deal was a landmark event in Japan when it was announced in August, becoming the largest LBO or private equity acquisition ever to happen in Japan The deal saw Vodafone sell the fixed line business of its Japan Telecom acquisition for Y261 billion to Ripplewood, thus allowing Vodafone to concentrate on its core, mobile business
The deal took 11...