3D Investment Partners Proposes $575M Buyout of Tohokushinsha
The Singapore-based firm aims to take the Japanese film company private, offering a premium on current share prices.
- 3D Investment Partners holds an 18% stake in Tohokushinsha and proposes buying the remaining shares at 600-650 yen each.
- The offer represents a 6%-15% premium over Tohokushinsha's recent closing price of 565 yen per share.
- Tohokushinsha's management must agree to delisting and other conditions for the deal to proceed.
- The company, known for dubbing foreign films and TV shows, co-produced the 2003 film 'Lost in Translation.'
- A special committee has been formed by Tohokushinsha to evaluate the offer based on regulatory guidelines.