PAG and KKR to Acquire Sapporo Real Estate from Sapporo Holdings
TOKYO--(BUSINESS WIRE)--PAG, a leading Asia-based alternative investment firm, KKR, a leading global investment firm, and Sapporo Holdings Limited ("Sapporo Holdings†) today announced that funds managed by PAG and KKR have signed definitive agreements to acquire 100% of the shares of Sapporo Real Estate Co., Ltd. ("Sapporo Real Estate†or the "Company†) from Sapporo Holdings (the "Transaction†). The acquisition will close in stages over three years, with the acquisition of the first tranche, representi ...