MBK Partners and NEC to Make Leopalace21 a Subsidiary Through Tender Offer - CHOSUNBIZ

MBK Partners and NEC are reportedly set to make Leopalace21 a subsidiary through a tender offer. Nikkei Asia provided a detailed report dated 15th.

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The story

MBK Partners has indicated its intention to participate in the acquisition of Japanese real estate company Leopalace21.

The plan reportedly calls for Leopalace21 to be made a subsidiary through a tender offer. The article does not specify the acquisition price or timing.

At a glance

TargetLeopalace21 Corporation

InvestorMBK Partners and NEC

MethodMaking it a subsidiary through a tender offer

SourceNikkei Asia (dated 15th)

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