
RHJ completes U-Shin exit
RHJ International, the Belgium-based holding company operated by US buyout firm Ripplewood Holdings, has reportedly completed its exit from Japanese electrical auto parts player U-Shin.
RHJ received JPY3.45 billion ($39 million) for its 7.8% residual stake, compared to the JPY1.9 billion ($20.85 million) that it achieved for a 10% holding in late January. RHJ originally invested some...
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