Blackstone’s $1.7B Bid for Japan’s Infocom: Teijin to Sell Stake

Blackstone Makes $1.7 Billion Bid for Japan E-Comics Platform Infocom

Blackstone launched a 275.8 billion yen ($1.74 billion) bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen, Infocom said on Tuesday. The tender offer will amount to 141.4 billion yen, Infocom confirmed.