CORRECTION: 2/22/2012, 2.28 p.m. An earlier version of this article incorrectly described Jae Chul Lee’s role at DLA Piper as head of the firm’s Korea practice. We regret the error.
Japan
Slaughter and May has fielded a six-partner team in London to advise Japanese cash handling services company Glory Ltd. on its $1 billion acquisition of the Talaris teller machine and cash-counting equipment business from private equity firm The Carlyle Group. Talaris sells its products to banks through offices in more than 20 countries. Glory’s Japanese law advisor is Tokyo firm Mori Hamada & Matsumoto. Paris-based law firm Bredin Prat is advising Glory on French employment law matters. Carlyle–which paid $564 million for the business in 2008–has turned to Clifford Chance private equity partner David Walker in London. [Read full story]
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