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Private Equity

Japan’s Tasaki Management, MBK Partners To Buy Out Firm For $283M

by posted 1year ago 403 views
<p>Management of Japan&rsquo;s pearl retailer&nbsp;Tasaki &amp; Co&nbsp;will buy out the company with private equity firm&nbsp;MBK&nbsp;Partners&nbsp;for 3,1.5 billion yen ($283 million), Tasaki said on Friday.</p> <p>MBK Partners, a private equity firm targeting assets in Japan, South Korea and China, will buy all of Tasaki&rsquo;s shares, except treasury stock, for 2,205 yen per share through a tender offer on Monday, Tasaki said.</p>