Blackstone Targets Japan's Growing Digital Manga Market with $1.7 Billion Infocom Bid
The acquisition of Infocom marks Blackstone's largest private equity transaction in Japan, aiming to capitalize on the booming e-comics industry.
- Blackstone's offer values Infocom at approximately 280 billion yen, or $1.7 billion.
- Infocom's board has yet to finalize its decision on the takeover bid.
- Infocom operates Mecha Comic, one of Japan's largest digital comic platforms.
- Teijin, Infocom's parent company, plans to sell its 58% stake post-buyout.
- Global interest in Japanese companies has surged due to favorable economic conditions.