Private equity majors Blackstone and KKR as well as Sony Group are among a number of parties interested in acquiring Japan-based online comic store company Infocom in a deal that could be worth up to $1.28bn (JPY200bn), according to a report by Bloomberg.
The report cites multiple unnamed sources in revealing that Infocom’s parent company Teijin is looking to sell its entire stake of around 55% and has scheduled a second round of bidding for mid-May.
According to one of Bloomberg’s sources, some bidders are aiming to acquire all of Infocom’s shares through a tender offer that could put the purchase price at JPY200bn.
Infocom, which has a current market capitalisation of JPY171bn, operates digital comic site MechaComic, one of Japan’s largest.
Read more:Private Equity Wire
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