Japan's J-Star seeks seafood company take-private
Japanese middle market private equity firm J-Star is bidding to acquire Yaizu Suisankagaku (YSK) through a tender offer that values the Tokyo-listed seafood business at about JPY 15bn (USD 91m).
J-Star is willing to buy all outstanding shares for JPY 1,137 apiece. The company has traded in a range of JPY 790 to JPY 860 for the past four months. The stock climbed 20.5% to close at JPY 992 on August...
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