Private equity manager BPEA EQT will take the Japan-listed education and nursing care provider Benesse Holdings private, per an announcement. BPEA EQT said its eighth fund and Benesse’s founding family will commence a tender offer to privatise the company. Benesse said in its announcement that the tender offer price is 2,600 yen ($src7.2) per share
Business * Private equity manager BPEA EQT will take the Japan-listed education and nursing care provider Benesse Holdings private, per an announcement.
BPEA EQT said its eighth fund and Benesse’s founding family will commence a tender offer to privatise the company.
Benesse said in its announcement that the tender offer price is 2,600 yen ($src7.2) per share, and the transaction will start in early February 2024.
A Wall Street Journal report said BPEA EQT will spend about $src.37 bi
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