We advised the international joint lead managers and joint bookrunners on the offering

Davis Polk advised the international joint lead managers and joint bookrunners in connection with the secondary offering of 29,580,300 shares of common stock of Rigaku Holdings Corporation.

The shares were sold by Atom Investment, L.P., a Carlyle fund, as the selling shareholder. The global offering consisted of a public offering in Japan and an international offering outside Japan pursuant to Rule 144A and Regulation S. The Japanese underwriters have an over-allotment option with respect to 4,437,000 shares. Assuming full exercise of the over-allotment option, the aggregate proceeds of the global offering will be approximately ¥93.1 billion (approximately $581 million).

Rigaku Holdings is a global manufacturer of analytical instruments focused on X-ray analysis, measurement and testing instruments.

The Davis Polk corporate team included partner Christopher Kodama, counsel Chihiro Sasaki and associate Ayano Kitano. Counsel Alon Gurfinkel and associate Ya Sheng Lin provided tax advice. Counsel Chaoyuan (Charles) Shi provided ERISA advice. Members of the Davis Polk team are based in the Tokyo, London and New York offices.

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