Announced
Financials
Tags
Pending
Acquisition
Private
copper tubes
Friendly
Private Equity
Japan
Diversified Industrials
Single Bidder
Synopsis
Japanese private equity firm Aspirant Group and Daiwa PI Partners, an investment arm of Daiwa Securities Group, agreed to buy UACJ Copper Tube, a copper to titanium tubes manufacturer, for JPY24bn ($223m) from UACJ Corp. UACJ Copper Tube will start operating its business under its new shareholder on October 1, 2019.
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