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New Deal


Announced

KDDI to acquire a 50% stake in Lawson for $3.3bn.

Financials

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Transaction Value£2,624m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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operator of convenience stores

Japan

Food Retailers and Wholesalers

Acquisition

Domestic

Public

Minority

Pending

Friendly

Single Bidder

Synopsis

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KDDI, a Japanese telecommunications operator, agreed to acquire a 50% stake in Lawson, a convenience store franchise chain, for $3.3bn. KDDI, which has expanded into banking, insurance and entertainment, said it plans to offer its communication, financial and other services at Lawson stores.

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