The Japan Times
AsiaPac · 4 hrs ago
✦ 75✓ Factual
Nikkon weighs going private; Bain Capital, Blackstone and others likely to bid
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Quality 75/100
Partisan intensity 15/100
ObjectivePartisan
Low partisan intensity — consistent with factual reporting✓ Fair headline
Japanese logistics company Nikkon is exploring a potential privatization, having appointed financial advisers and established a committee of independent directors to evaluate the proposal. Private equity firms including Bain Capital and Blackstone are expected to be interested bidders.
Nikkon weighs going private; Bain Capital, Blackstone and others likely to bid
The logistics company has selected financial advisers for the privatization process and set up a committee of outside directors to consider the matter, sources have said.
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