Davis Polk advises Avolta on DFS Okinawa acquisition
The transaction includes airport and downtown duty-free locations in Okinawa, Japan, with long-term concessions.
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International law firm
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In short: Davis Polk facilitated major M&A and capital markets deals, including SpaceX's historic IPO, GSK's $10.6B acquisition, and Alphabet's $90B offering.
The transaction includes airport and downtown duty-free locations in Okinawa, Japan, with long-term concessions.
The offering included 0.75% convertible senior notes due 2032, with capped call transactions.
The all-cash transaction values Payoneer at $2.75 billion, with shareholders receiving $7.40 per share. Expected close in mid-2027.
The IPO comprised 70 million existing shares listed on Nasdaq Copenhagen, raising approximately DKK 1.05 billion.
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