TIS Inc. - Strategic alliance with Grab Holdings Inc.
Leading Japanese law firm Nishimura & Asahi advised TIS Inc. [TSE: 3626], a Japanese IT services provider, on its capital and business alliance with Grab Holdings Inc. (“Grab”), a leading Southeast Asian app company, and on its investment of USD 150 million in Grab.
Under the alliance, the companies will collaborate on enhancing the digital payment infrastructure in Southeast Asia and on developing payment technologies.
The Nishimura & Asahi team advising TIS was led by partner Masataka Sato, supported by Kotaro Fuji.
Masataka Sato has extensive experience with a broad range of cross-border M&A transactions in the ASEAN region, including investments in and acquisitions of listed companies, self-owned or family-owned companies and start-up companies, the formation of joint venture businesses, as well as real estate development projects (including REIT). He also provides advice and solutions in relation to corporate governance, labor, and regulatory compliance matters at the PMI stage.