Risa Partners to be acquired by NEC Capital Solutions via TOB
NEC Capital Solutions, a Japanese financial services provider, has announced that it will buy 100% of Risa Partners, a listed Tokyo-based private equity and real estate investment firm, in a deal estimated at around JPY15.8 billion ($196 million).
NEC Capital will pick up 32.14% of Risa Partners after the convertible bonds and preferred stock it has already are converted. It currently owns 11.3% of Risa as the largest shareholder. The acquirer offered...
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