Cases & Deals

Tokyo Electron attempts $29 billion merger of equals with Applied Materials

Clients Tokyo Electron Limited

Jones Day represented Tokyo Electron Limited in its proposed $29 billion merger of equals with Applied Materials, Inc., which, if completed, would have created a global innovator in semiconductor and display manufacturing technology based in The Netherlands and dual listed on NASDAQ and the Tokyo Stock Exchange. The proposed transaction was subsequently terminated in April 2015.

In addition to M&A representation, Jones Day provided antitrust, tax (U.S. and Dutch), capital markets, and Dutch corporate advice regarding this transaction.