Warburg Pincus has announced plans to acquire Japanese student accommodation provider JSB in a deal valued at around $1.2bn, marking a significant step in the firm’s expansion in Japan’s real estate sector, according to a report by Reuters.
The US private equity firm intends to launch a tender offer at 9,000 yen per share, with the offer period scheduled to run from 15 June to 27 July. The transaction has already secured support commitments from JSB’s largest shareholders, according to Warburg P...
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