Idemitsu Kosan to acquire the remaining 49.88% stake in TOA Oil for JPY19.5bn.

Synopsis

Idemitsu Kosan, a Japanese petroleum company, agreed to acquire the remaining 49.88% stake in TOA Oil, a petroleum refining and electricity wholesale supply business, for JPY19.5bn.

Principals

target

Toa Oil Co

bidder

Idemitsu Kosan Co

Show Details & Financials

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Market Context

dc advisory

HQ - London, UK

financial advisors

bidder

581

Deals

£ 55.47 B

Total Value

simpson thacher & bartlett

HQ - New York

legal advisors

bidder

1846

Deals

£ 2,990.89 B

Total Value