Biography
Lorraine Yip is a Local Partner (not admitted in Japan) in the Tokyo Corporate/M&A practice. She has a range of experience advising on complex cross-border M&A and strategic corporate transactions outbound from and inbound to Japan and Hong Kong.
Prior to joining White & Case, Lorraine was seconded to the legal department of a leading U.S. based global investment bank in Hong Kong.
Experience
Mitsubishi Electric Corporation (TSE:6503), a Japanese multinational electronics and electrical equipment manufacturing company, on its:
- Acquisition of Nozomi Networks, Inc., a U.S.-based developer and distributor of operational technology (OT) security solutions, for circa US$1 billion.
- Acquisition of Motum AB from Accent Equity 2012 L.P, a leading operator of an elevator and automatic door business based in Sweden.
- 100% acquisition of Scibreak AB, a Swedish-based company that develops direct current circuit breakers (DCCBs).
- Acquisition of Seeing Machines Limited, an advanced computer vision technology company.
EQT, a global private equity firm, on its:
- Acquisition of Fujitec (TSE:6406).
- Sale of Pioneer Corporation.
Toyota Tsusho Corporation (TSE: 8015), a leading Japanese trading company, on its landmark US$1.34 billion acquisition of Radius Recycling, Inc. (Nasdaq: RDUS), a North American metal recycling and steel manufacturing company.
Delta Electronics, Inc. on its acquisition of Japan's Noda RF Technologies Co., Ltd.
PayPal Holdings, Inc. on its acquisition of Paidy Inc., a leading two-sided payments platform and provider of buy now, pay later solutions in Japan, for an enterprise value of ¥300 billion, or approximately US$2.7 billion
Panasonic Corporation on its acquisition of the remaining 80% of the capital stock interests of Blue Yonder, a leading end-to-end, digital fulfillment platform provider, at an enterprise value of US$8.5 billion on a cash-free, debt-free basis. This transaction adds to the 20% stake of Blue Yonder which Panasonic Corporation acquired in July 2020, also represented by White & Case.
SoftBank Group Corp., a Japanese multinational conglomerate holding company, in the business combination between its portfolio company, Berkshire Grey, Inc., a US-based robotics company, and Revolution Acceleration Acquisition Corp (Nasdaq: RAAC), a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company.
Vinda International Holdings Limited on its acquisition from SCA Group Holding BV of its operations in Southeast Asia, Korea and Taiwan, comprising the entire issued share capital of each of SCA Hygiene Korea Co. Ltd, SCA Hygiene Malaysia Sdn. Bhd. and SCA Taiwan Ltd., for an aggregate consideration of HK$2.8 billion. The acquisition constituted a major and connected transaction for the purchaser.