MBK completes exit from Japan's Komeda with 5x return - update
MBK Partners has sold the remainder of its stake in Japan-based coffee shop chain Komeda Holdings JPY24.3 billion ($217 million), securing a 5x return on the overall investment.
The private equity firm sold 13.74 million shares - including the overallotment option - for JPY1,768 apiece, a 3% discount to the June 19 closing price, according to a filing. Komeda's stock closed on...
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