Deals
Comcast to Buy Rest of Universal Studios Japan for $2.3 Billion
AKB48 performs at Universal Studios Japan (USJ) in Osaka on June 2, 2016.
Photographer: Mami Nagaoki/APThis article is for subscribers only.
Comcast’s NBCUniversal agreed to acquire the remaining 49 percent in Universal Studios Japan theme park it doesn’t own for $2.3 billion.
NBC bought the remaining stake from Goldman Sachs, former Universal Studios Japan Chief Executive Officer Glenn Gumpel, private-equity firm MBK Partners and U.S. hedge fund Owl Creek Asset Management. The deal values the theme park at $7.4 billion, including the assumption of net debt, according to a statement Tuesday.