Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
KKR-Led Consortium Launches $1.6 Billion Tender Offer to Acquire Yageo Corporation
On April 15, a consortium consisting of Paul, Weiss client Kohlberg Kravis Roberts and the founder and CEO of Yageo Corporation launched a tender offer to acquire 100 percent of the shares of Yageo in connection with a proposed leveraged buyout of the company.
Yageo is an electronic components manufacturer that is listed on the Taiwan Stock Exchange. The offer values Yageo at approximately $1.6 billion, and will be followed by a merger to take the company private. The transaction will be financed by equity from the consortium members and secured debt arranged by UBS and Nomura. Paul, Weiss has acted as lead counsel to the consortium in relation to the acquisition and financing arrangements.
The Paul, Weiss team includes corporate partners John E. Lange and Xiaoyu Greg Liu, and counsel Gary Li and Richard S. Elliott; and tax partner Jeffrey B. Samuels.