MBK set for a second stint with Japanese jeweler Tasaki
MBK Partners has submitted a JPY31.5 billion ($286 million) buyout offer for Japanese jewelry retailer Tasaki & Co – a Tokyo-listed company it previously backed in 2008 and exited seven years later.
The deal, structured as a tender offer, will see the private equity firm pay JPY2,205 per share for all outstanding shares in Tasaki, a 42% premium to the March 23 closing price. The stock gained 12% the...
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