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New Deal


Announced

Tokyu to acquire the remaining 50.33% stake in Tokyu Recreation for $140m.

Financials

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Transaction Value£120m
Consideration TypeCash, Asset Swap, Ordinary Shares
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Acquisition

Pending

Japan

Domestic

Majority

recreational services

Recreational Products

Public

Synopsis

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Tokyu, a provider of passenger rail transportation, bus transportation, truckload services, and air transportation serving, agreed to acquire the remaining 50.33% stake in Tokyu Recreation, a firm that operates, manages, and leases recreational facilities and real estate properties in Japan, for $140m.

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