The Deal has revealed the finalists for its inaugural awards program, and Pillsbury is pleased to announce the firm has been shortlisted for Deal of the Year in connection with its representation of Hoya Corp. in the Bain Capital-led consortium purchase of Toshiba’s flash memory chip business. The $17.8 billion deal, which includes a 27 billion-yen commitment from Hoya Corp., a Japanese leader in information and health technology, is one of only five finalists in the Deal of the Year category.

The Deal’s annual awards program was launched this year and celebrates the leaders of the deal economy by recognizing the individuals and firms who are at the core of high-profile transactions and set the trends that impact business globally. Transactions nominated for Deal of the Year represent the most exemplary M&A transactions of the year, including public, private and sponsor-led transactions. Winning transactions, firms and individuals are selected by The Deal’s editors and will be announced at a ceremony in New York on June 21.

"When major corporate deals happen, the news usually focuses on the companies affected and market reaction,” said The Deal president Jeff Davis upon the program’s launch in April. “At The Deal, we celebrate the experts who make these transactions happen, often behind the scenes. The Deal Awards shine a spotlight on the creativity, hard work and impact of corporate advisors on dealmaking in the U.S."

The Pillsbury team advising Hoya Corp. in the Toshiba transaction was led by Tokyo-based Finance partner Olivia Matsushita and included New York-based partner Jonathan Russo and senior associate Matthew Kane, San Diego-based partners Mike Hird and Richard Segal, Washington D.C.-based partners Michael Sibarium and Nancy Fischer, and Tokyo-based senior associate Masao Kasatsugu.