Skadden, Arps, Slate, Meagher & Flom and Sullivan & Cromwell have advised on a $3.3 billion share offering in Japan.

Tokyo Stock Exchange-listed Recruit Holdings Co. Ltd., one of the largest staffing agencies in the world and the biggest in Japan, raised $3.3 billion in a secondary offering.

Recruit sold about 7% of its total outstanding shares from 13 of its shareholders, which includes printing companies Toppan Printing Co. Ltd. and Dai Nippon Printing Co. Ltd., and trading house Mitsui & Co. Ltd. The issuer said in a statement that the secondary offering is to facilitate the sale of the company's common stock in a coordinated manner and expand its shareholder base globally.