MBK Partners to Buy Japanese Aluminum Maker in 130 Billion Yen Deal

MBK Partners is acquiring a Japanese aluminum manufacturer. On May 11, the Nihon Keizai Shimbun, or Nikkei, reported that the investment fund MBK Partners would proceed with the purchase of the Japanese aluminum maker. The total acquisition value, including debt, is estimated at 130 billion yen, or about 1.22 trillion won. The deal represents a large-scale acquisition in Japan’s manufacturing sector and may bring changes to the aluminum manufacturer’s ownership structure and future operations. However, the original report only identifies the buyer, the industry and the estimated transaction value. Source: mk.co.kr