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Hong Kong Private Equity Investor Pag Buys Restaurant Operator Gyro - Nikkei Asia

by asia.nikkei.com posted 1month ago 7 views
HONG KONG -- Asia-focused private equity investor PAG has agreed to buy Japanese restaurant operator Gyro Holdings, its first deal in 2021 in the third-largest global economy, where it hopes to invest several billion dollars in the coming years. PAG, which manages $45 billion, wants to invest in sectors including manufacturing and consumer-related businesses in Japan. It has no fixed allocation for the nation, and PAG's founder and chief executive officer, Weijian Shan, said the company is willing to deploy even $10 billion in the nation next year.

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