Warburg Pincus to acquire Japan's J.S.B. for $1.25 billion, Nikkei says
Warburg Pincus to acquire Japan's J.S.B. for $1.25 billion, Nikkei says TOKYO, June 12 (Reuters) - U.S. private equity firm Warburg Pincus is set to acquire Japanese student housing provider J.S.B. for 200 billion yen ($1.25 billion), the Nikkei reported on Friday.
J.S.B. would mark Warburg Pincus' first acquisition in Japan since it reentered the country in 2025, having previously withdrawn from the Japanese market, the Nikkei said.
($1 = 160.0700 yen)
(Reporting by Anton Bridge; Editing by Joe Bavier)