
Unison Capital to delist Japanese wine importer
Japanese buyout firm Unison Capital will spend JPY6.2 billion ($75.4 million) to privatize currently listed Japanese wine importer and retailer Enoteca Co. through an MBO alongside H.C.B.C. Enterprises Ltd., an investment firm headed by George Joseph Ho, who is also on the wine company’s board.
As part of the deal, H.C.B.C. has taken a 20.51% stake in the buyout vehicle that Unison manages. Unison will pay JPY120,000 ($1,461) per share - a 46% premium over the company’s February 2 closing price. ...
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