Home Equities In Penske buyout, Mitsui aims to beat private equity at its own game
Equities

In Penske buyout, Mitsui aims to beat private equity at its own game

Share


Japanese trading house prefers long-term view as investor in auto and truck retailer

20260723N Mitsui PAG

Mitsui & Co., which has invested in Penske Automotive Group since 2001, now looks to take the company private. (Source photos by Nikkei and PAG)

KEIICHI FURUKAWA and KENTO HIRASHIMA

TOKYO — Mitsui & Co.’s proposal to take U.S.-based Penske Automotive Group private in a $3.8 billion deal provides the Japanese trading house with an opportunity to showcase the advantages of its way of doing business over that of private equity funds.





Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Hackers targeted US private equity, other firms including Blackstone, CME, data shows

WASHINGTON: Ransom-seeking hackers who use phone calls to compromise their victims targeted...

Is RBC’s High Yield Fund Reopening a Subtle Shift in Its Income Strategy for (TSX:RY)?

RBC Global Asset Management Inc. has re-opened the Phillips, Hager & North...

GPRE Q2 Deep Dive: Carbon Platform Growth and Margin Expansion Amid Revenue Decline

Biorefining company Green Plains (NASDAQ:GPRE) missed Wall Street’s revenue expectations in Q2...

APP Vs CELH Vs BROS Vs AXON: Retail Traders Are Most Interested In Buying Post-Earnings Dips Of These 2 Stocks

Growth-stock selloffs after second-quarter earnings sparked retail dip-buying, with AppLovin and Dutch...