Bain to pay $1.3 billion for half of Japan TV shopping channel: source
Home page > News

Bain to pay $1.3 billion for half of Japan TV shopping channel: source

www.reuters.com   | 22.06.2012.

TOKYO (Reuters) - Private equity firm Bain Capital will pay 100 billion yen ($1.3 billion) to buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, a person with direct knowledge of the deal said.
Bain to pay $1.3 billion for half of Japan TV shopping channel: source

Bain on Friday said it would buy Jupiter Shop Channel from trading firm Sumitomo Corp (8053.T) but did not disclose terms of the deal.

(Reporting by Junko Fujita; Editing by Edwina Gibbs)


Comments (0) Add Your comment Add news < Previous news Next news >






  Add your news >>>