Source: Thomson Reuters
Thomson Reuters, a global content and technology company, announced today that Thomson Reuters K.K. (“Thomson Reuters Japan”) has signed a definitive agreement to acquire full ownership of the Westlaw Japan business (the “Proposed Transaction”) that currently operates through Westlaw Japan K.K., a joint venture between Thomson Reuters and Shinnippon-Hoki Publishing Co., Ltd.’s (“Shin Nippon”).
Westlaw Japan K.K. was formed in 2006 by combining Thomson Reuters’ state-of-the-art technology with Shin Nippon’s legislation and case content. The organization, operating as Westlaw Japan, is a leading provider of legal information services in Japan through its namesake solution, the largest case database in Japan which covers more than 310,000 cases.
Closing of the Proposed Transaction is subject to regulatory approval and customary closing conditions and is expected to occur in the fourth quarter of 2023. Following the closing of the Proposed Transaction, Shin Nippon will no longer retain ownership of the Westlaw Japan business and the Westlaw Japan business will become part of Thomson Reuters Japan, led by Young Sun Bang, President and Representative Director…
Read full article: https://www.thomsonreuters.com/en/press-releases/2023/august/thomson-reuters-signs-definitive-agreement-to-acquire-full-ownership-of-the-westlaw-japan-business.html
