David Gross-Loh, managing director of private equity at Bain Capital, discusses the firm’s investments in Japan, and the opportunities he sees in other Asian markets. Bain Capital-led group succeeded in its tender offer for Hitachi Metals Ltd., a unit of the Japanese conglomerate.
Hitachi Metals announced last year that a consortium led by global private equity firm Bain Capital would buy all the shares of the Hitachi subsidiary for $5.7bn.
The planned deal was for the Bain-led consortium to offer 2,181 yen per share to buy the 47% of Hitachi Metals not owned by Hitachi and spend a further $2.6bn acquiring Hitachi’s 53% stake.
Read more: Bloomberg
