group: The investment group bought the Japanese company in 2015 for about 50 billion, according to a report by the Nikkei newspaper at the time, according to The Japan Times. Investors have shown plenty of appetite for hot-spring assets as well as real-estate investment trusts that invest in such leisure facilities. The U.S. investor is seeking to sell the Oedo Onsen Monogatari group for more than 100 billion 932 million said the sources, who asked not to be identified because the information isn't public. ; Bain Capital is also considering an initial public offering for the hot-spring business, the people said. Soft Bank-owned Fortress Investment Group has already snapped up about 100 hot-spring establishments and hotels, and has indicated that it will spend as much as 400 billion on the sector over the next four years. A representative for Bain did not immediately respond to a request for comment. Nomura Holdings Inc. is advising Bain on the sale, according to the sources.
(news.financializer.com). As
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Tagged under group, hot-spring business topics.