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Bain to buy Japan ad agency Asatsu-DK for $1.3 bln - Nikkei
October 2, 2017 / 6:31 AM / in 16 days

Bain to buy Japan ad agency Asatsu-DK for $1.3 bln - Nikkei

TOKYO, Oct 2 (Reuters) - U.S. private equity firm Bain Capital will buy Japanese advertising agency Asatsu-DK Inc for about 150 billion yen ($1.3 billion), the Nikkei reported.

Bain will launch a tender offer soon for shares of Asatsu-DK, the Nikkei said, adding that an announcement of the deal would be made on Monday. ($1 = 112.8600 yen) (Reporting by Chris Gallagher and Chang-Ran Kim)

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