find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (1-3 PAE)
Category: Insurance and Superannuation Law | Location: Sydney NSW 2000
· Join a dynamic Firm · Excellent career growth opportunity
View details
In-house lawyer 1-4 PAE
Category: Generalists - In House | Location: Adelaide SA 5000
· Leading Brand · Report to a Dynamic Legal Counsel
View details
Tokyo market leader set to acquire $74m interest in PagePack

Tokyo market leader set to acquire $74m interest in PagePack

Ben McLaughlin

A Tokyo stock exchange-listed company has proposed to acquire 51 per cent interest in the newly formed Australian and New Zealand entity, PagePack.

Firm: Baker McKenzie (Japan Pulp and Paper Co. Ltd); Undisclosed (PagePack)

Deal: Japan Pulp and Paper Co. Ltd have been advised on its proposed acquisition of a 51 per cent interest in PagePack.

Value: $74,949,600

Area: M&A

Key players: The legal teams advising Japan Pulp and Paper Co. Ltd were from the Tokyo and Sydney offices of Baker McKenzie.

The Tokyo team was led by partners Kiyoshi Endo, Satoshi Abe and Tatsuya Niwa, while the Sydney team was led by partners Lawrence Mendes and Ben McLaughlin.

Deal significance: PagePack is a newly formed entity comprising two previously separate wholesale paper, packaging and industrial products distribution businesses operated by the BJ Ball and the KW Doggett groups in Australia and New Zealand.

Meanwhile, Japan Pulp and Paper Co. Ltd is a Tokyo-listed engaged in the distribution of paper and paper-related products.

The completion of this transaction is subject to customary conditions, including regulatory approvals, according to a statement from Baker McKenzie.

“The transaction has been complex as it combines three groups,” said Baker McKenzie partner Ben McLaughlin.

“We look forward to working with our Tokyo colleagues and other advisers to bring the transaction to a successful conclusion.”






Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Tokyo market leader set to acquire $74m interest in PagePack
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Aug 22 2017
Professionals unite in support of marriage equality
The presidents of representative bodies for solicitors, barristers and doctors in NSW have come toge...
Aug 21 2017
Is your firm on the right track for gig economy gains?
Promoted by Crowd & Co. The way we do business, where we work, how we engage with workers, ev...
Scales of Justice, Victorian County Court, retiring judges
Aug 21 2017
Replacements named for retired Vic judges
Two new judicial officers have been appointed in the Victorian County Court, following the retire...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...