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Blackstone will acquire Japan’s Infocom

REUTERS/Jeenah Moon/File photo
Signage is seen at the Blackstone Group headquarters in New York City, US, January 18, 2023.

TOKYO (Jiji Press) โ€“ American investment company Blackstone Inc. has announced that it has acquired Japanese digital comics provider Infocom Corp. will acquire for a total of approximately ยฅ280 billion, the largest investment in Japan.

Blackstone will offer to buy Infocom shares at ยฅ6,060 each from Wednesday through July 31, and will later acquire the 57% stake owned by Infocom’s parent company, Japanese chemicals maker Teijin Ltd.

Infocom, which provides the ‘Mecha Comic’ service for smartphones, has agreed to the takeover bid and will be taken private to pursue growth in online comic distribution and other information technology businesses under the Blackstone umbrella.

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