BDA Advises AGC on Sale of AGC Flat Glass (Dalian) to Shanghai Yaohua Pilkington Glass
Summary
AGC was formerly known as Asahi Glass Company.Jeffrey Wang, Partner, Co-Head BDA Shanghai, added: “This transaction is an excellent outcome for both parties. This is a testament to our commitment, and the trust we receive from our clients on cross-border transactions.”Toshiaki Yokohara, Managing Director, BDA Tokyo, said: “This is an example of the increasing willingness of big Japanese companies to divest subsidiaries and assets to improve the profitability and asset efficiency of the business portfolio, and to reallocate those resources to strategic growth areas.”BDA TeamHideyuki Tozawa, Partner, Co-Head TokyoJeffrey Wang, Partner, Co-Head ShanghaiToshiaki Yokohara, Managing Director, TokyoDorothy Cai, Director, ShanghaiMasafumi Fukushi, Vice President, TokyoKevin Lu, Vice President, ShanghaiJanelle Zhu, Associate, TokyoXiao Kun Li, Associate, ShanghaiSiyu Huang, Analyst. Founded in 1907 and headquartered in Tokyo, Japan, AGC has 200 subsidiaries and 56,000 employees in over 30 countries, operating in four business segments - Glass, Electronics, Chemicals, and Ceramics. We are a premium provider of Asia-related advice to sophisticated clients globally, with over 25 years’ experience advising on cross-border M&A, capital raising, and financial restructuring. We provide global reach with our teams in New York and London, and true regional depth through our seven Asian offices in Mumbai, Singapore, Ho Chi Minh City, Hong Kong, Shanghai, Seoul, and Tokyo.