Raysum Co., Ltd.: Acquisition of its own shares through a tender offer
Leading Japanese law firm Nishimura & Asahi has advised Raysum Co., Ltd. (“Raysum”) [TSE: 8890] on the acquisition of its own shares through a tender offer. Through the tender offer, Raysum will repurchase up to 6.8 million shares, representing 14.8 percent of the company’s outstanding shares, at the price of 1,470 yen per share, totalling JPY 10bn.
Raysum is a Japanese real estate management company.
The Nishimura & Asahi team advising Raysum was led by partner Takuya Matsuo.