DC Advisory advised Yahoo! Japan on the sale of all shares in YJFX to GMO
Background
- Yahoo Japan Corporation (Yahoo) is a Japanese internet company originally formed as a joint venture between American Yahoo and the Japanese company, SoftBank
- YJFX Inc. (YJFX) is a company that provides traders with an online trading environment
- GMO Financial Holdings (GMO) provides online financial services through its subsidiaries, GMO CLICK Securities, FX PRIME by GMO Corporation, GMO Coin etc.
Process
- DC Advisory (DC) acted as financial advisor to Yahoo, who highly valued DC’s track record from advising previous Yahoo transactions, such as CyberAgent Inc.‘s sale of CyberAgent FX, Inc. (formerly YJFX)
- DC designed a meticulous negotiation strategy, which led to a maximised price for the shares
Outcome
- DC carefully considered each player and kept in close yet flexible communications with potential buyers throughout
- Despite a challenging Covid-19 environment, DC facilitated a successful outcome for Yahoo! Japan, reaching a deal value of JPY 28,824m
- YJFX will also award a dividend of JPY 11,000m to Yahoo! Japan before the effective date of the share transfer
Date
Sectors
- Technology & Software
Deal type
- M&A Advisory
Deal locations
Deal team
Executive Director
Actions
Disclaimer
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