Simpson Thacher & Bartlett and Sullivan & Cromwell have scored lead roles on the $4.7bn (£3.1bn) initial public offering (IPO) of Suntory Holdings's non-alcoholic drinks arm, Suntory Beverage & Food (SB&F). The Japanese drinks giant received approval for the listing the subsidiary business last week, which it plans to list on the Tokyo Stock Exchange in July with 125.2m shares up for sale at Y3,800 (£24.72) each.
June 02, 2013 at 11:54 PM
1 minute read
The original version of this story was published on Legalweek
Simpson Thacher & Bartlett and Sullivan & Cromwell have scored lead roles on the $4.7bn (£3.1bn) initial public offering (IPO) of Suntory Holdings’s non-alcoholic drinks arm, Suntory Beverage & Food (SB&F).
The Japanese drinks giant received approval to launch the IPO for its subsidiary business last week, which it plans to list on the Tokyo Stock Exchange in July with 125.2m shares for sale at Y3,800 (£24.72) each.
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