Cerberus Takes On Former World’s Richest Man for Seibu Control

Cerberus Takes On Former World’s Richest Man for Seibu Control

Noriyuki Aida/Bloomberg

A Seibu Railway Co. train approaches a station in Saitama, Japan. Cerberus led a bailout of Seibu, the seventh-largest railway operator in the Tokyo area by ticket sales, with Nikko Principal Investments Japan Ltd., buying a stake in 2006.