J:COM to Purchase Bain's 50% Stake in Jupiter Shop Channel

  • Separately, Sumitomo to Sell 5% of Shop Channel to KDDI
  • Share Purchase Price Not Disclosed, Reported to Be $830 Mln~

Jupiter Telecommunications Co., the Japanese cable TV company that’s known as J:COM, agreed to buy a 50 percent stake in an affiliated shopping channel from Bain Capital.

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