Blackstone Agrees to Buy Japanese Manga Firm for $1.7 Billion
- Blackstone will acquire Teijin’s controlling stake in Infocom
- Investment firm plans to eventually buy all of Infocom shares
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Blackstone Inc. has agreed to buy Japanese e-comics provider Infocom Corp., according to people familiar with the matter.
The world’s largest alternative asset manager has emerged as the buyer of a 55.1% stake in Infocom held by Tokyo-listed Teijin Ltd., the people said, asking not to be identified because the matter is private. Blackstone had offered about ¥260 billion ($1.66 billion) for the company, one of the people said.