Appleby Bermuda advised Sumitomo Dainippon Pharma Co., Ltd., a leading TSE listed (TYO:4506) Japanese pharmaceutical company in respect of its estimated  USD 3 billion acquisition of 5 biopharma companies via the transfer by Roivant Sciences Ltd. of its ownership interests in Myovant Sciences Ltd., Urovant Sciences Ltd., Enzyvant Therapeutics Ltd., Altavant Sciences Ltd., and Spirovant Sciences Ltd to Sumitovant Biopharma Ltd., a wholly owned subsidiary of Sumitomo.

Partner Brad Adderley led the deal with assistance from Partner Gary Harris and Associate Jamie Rego. Brad said, “We are pleased to have acted as Bermuda counsel to Sumitomo Dainippon Pharma on this significant acquisition and wish them continued success.”

Share
Twitter LinkedIn Email Save as PDF
More Deals
22 Jan 2020 | Deals

Appleby advises AXIS Capital in its 2020 issuance of insurance and reinsurance linked notes

Our insurance team advised AXIS Capital, the Bermuda-headquartered global (re)insurer, in its 2020 i...

Contributors: Laura Burns
15 Jan 2020 | Deals

Appleby Bermuda acted as counsel to Matterhorn Re Ltd., on the launch of its first catastrophe bond of 2020 under the sponsorship of Swiss Re

Matterhorn Re Ltd., registered as a Special Purpose Insurer in Bermuda, has via a segregated account...

Contributors: Josephine Noddings
15 Jan 2020 | Deals

Appleby Bermuda advised Sierra Ltd., the vehicle used by Bayview Asset Management, LLN in its first ever ILS transaction

Appleby Bermuda acted as counsel to Sierra Ltd. in connection with its offering of USD 150 million S...

Contributors: Josephine Noddings
10 Jan 2020 | Deals

Appleby acted as Bermuda counsel to AkinovA leading up to the completion of a ‘first of its kind’ parametric cyber risk transfer

Appleby’s insurance team acted as Bermuda counsel to AkinovA on all matters leading up to the comp...

19 Dec 2019 | Deals

Appleby acted as Bermuda counsel to AccorInvest Group

Appleby acted as Bermuda counsel to AccorInvest Group in connection with the sale of its Fairmont So...

27 Nov 2019 | Deals

Appleby advised T&D Holdings on USD 1.8 Billion joint acquisition with Carlyle Group of AIG’s Fortitude Re

Appleby advised T&D Holdings on all Bermuda law issues relating to the purchase of a 25% stake in Fo...

15 Oct 2019 | Deals

Appleby Bermuda acted for sellers of Sandell Holdings Ltd.

Appleby was instructed by the shareholders of Sandell Holdings Ltd. in connection with the sale of t...

Contributors: Josephine Noddings
4 Oct 2019 | Deals

Appleby Bermuda advised on Southern Cross NEXT subsea cable project

Appleby advised the Southern Cross Group of Bermuda companies in respect of all aspects of Bermuda l...

Contributors: Andrew Kuzma
3 Oct 2019 | Deals

Appleby acts in Artex/Horseshoe Transaction

Appleby acted as counsel to the sellers of Horseshoe Insurance Services Holdings Ltd. in connection ...

16 Aug 2019 | Deals

Appleby represented HSBC in a GBP 7 billion longevity swap

Appleby represented HSBC in a £7 billion longevity swap and reinsurance transaction which is the se...