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New Deal


Announced

Japan's Aspirant & Daiwa Pi to buy UACJ Copper Tube for $223m.

Financials

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Transaction Value£175m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Acquisition

Private

copper tubes

Friendly

Private Equity

Japan

Diversified Industrials

Single Bidder

Synopsis

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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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