Davis Polk advised Sumitomo Mitsui Banking Corporation as a selling shareholder on a ¥218 billion (approximately $2.17 billion) secondary global offering of common shares of Recruit Holdings Inc. The global offering consisted of a public offering in Japan and an international offering outside Japan pursuant to Rule 144A and Regulation S. 

Recruit Holdings is a Tokyo-based holding company that owns and operates a complementary group of subsidiaries in the marketing media, human resources and staffing businesses.

The Davis Polk corporate team included partner Jon Gray, counsel Christopher J. Kodama and associate Benjamin Potter. All members of the Davis Polk team are based in the Tokyo office.