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New Deal


Announced

Pan Pacific International to acquire a 19.4% stake in Kanemi from FamilyMart for $36m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned27%
Capital Bid For19%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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food packaging

Containers and Packaging

Public

Single Bidder

Japan

Minority

Friendly

Acquisition

Pending

Domestic

Synopsis

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Pan Pacific International, a Japanese general-merchandise discounter and off-price retailer, agreed to acquire a 19.4% stake in Kanemi, a manufacturer and seller of boxed meals, sushi, rice balls and prepared food, from FamilyMart, a Japanese convenience store franchise chain, for $36m.

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