Blackstone to Acquire a Majority Stake in Sony Payment Services Inc.
12.26.23
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The Firm is representing funds affiliated with Blackstone in connection with its acquisition of a majority stake in Sony Payment Services Inc. (“SPSV”) from Sony Bank, Inc., a wholly-owned subsidiary of Sony Group. SPSV is one of Japan’s leading payment service providers, offering high-speed and secure infrastructure for customers and businesses to process online payments. Sony Bank will remain as a minority investor in SPSV and continue to support its growth.
The Simpson Thacher team includes: Anthony King, Sonya Ho and Tiffany Shih (M&A); Étienne Renaudeau and Pauline Patat (Antitrust); Makiko Harunari and Chenyu Cui (Financing); Jonathan Lindabury and Nathan Utterback (Derivatives); and Meredith Jones (Tax).