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The Economic Times
The Economic Times

Warburg Pincus to acquire Japan's J.S.B. in over $1 billion deal, source says

Warburg Pincus United States Japan Tokyo

TOKYO/HONG KONG: U.S. private equity firm Warburg Pincus is set to launch a tender offer to acquire Japanese student housing ‌provider J.S.B. ⁠for over $1 billion, ⁠a person with knowledge of the matter said on Friday.

The Nikkei first reported about the takeover on Friday, saying the deal would be worth 200 billion yen ($1.25 billion).

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