Clifford Chance advises Prime Strategy on strategic alliance and public tender offer by GMO Internet Group

Global law firm Clifford Chance is advising Prime Strategy Co., Ltd. (Prime Strategy), a Japanese company listed on the Tokyo Stock Exchange and provider of cloud integration services, on the announced business alliance and public tender offer by GMO Internet Group for the proposed acquisition of a majority stake in Prime Strategy.

Valuing Prime Strategy at approximately JPY 6 billion, GMO Internet Group announced its public tender offer at JPY 1,600 per share, and is looking to acquire a minimum of 1,849,400 shares (50.01%) and up to 2,214,800 shares (60.00%).

Lead partner Michihiro Nishi said, “We are honoured to be advising Prime Strategy on this important transaction, reflecting the trust our clients place in us for strategic transactions. This public offer is part of a broader story of growth and transformation across Japan’s digital economy.”

Michihiro was supported by senior associates Tomohiro Terada and Hiromu Suemasa, and associates Ryokei Abe and Mikihiro Sato.

Prime Strategy is a technology company recognised for its expertise in cloud integration and web performance solutions. Tokyo-listed GMO Internet Group is a leading Japanese technology conglomerate, delivering a broad range of internet services including infrastructure, advertising and fintech, and continues to drive innovation through cloud, cybersecurity and emerging technologies such as blockchain.