[PRNewswire] Lone Star Makes All-Cash Offer For All Of Astro Japan Property
Group's Real Estate Assets
[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.
(NEW YORK and TOKYO and SYDNEY, March 6, 2017 PRNewswire=연합뉴스) Lone Star Funds, the global private equity firm, today issued the following statement:
"An affiliate of Lone Star Real Estate Fund V announces that it has extended an all-cash offer to the Board of Directors of Astro Japan Property Group (ASX: AJA-AU) ("Astro") for all of the company's Japanese real estate assets at Astro's December 31, 2016 book value.[1] The proposal is conditional upon confirmatory due diligence, which Lone Star is ready to commence immediately, an agreement between Astro and Spring Investment Co., Ltd. ("Spring") to terminate Spring's external management agreement, as well as customary market documentation and final approval conditions."
[1] (JPY 83,667,274,000, after taking into account the sale of Round One Amagasaki post year end)
ABOUT LONE STAR FUNDS
Lone Star Funds was founded in 1995, and invests on the behalf of its fund limited partners, who include pension funds for public sector and corporate employees and retirees, as well as foundations and endowments that support medical research, higher education and other philanthropic causes.
Since the establishment of the first fund in 1995, Lone Star has organized 17 funds with aggregate capital commitments exceeding USD $70 billion. Lone Star has vast transactional experience, having closed approximately 470 investments in more than 1,400 transactions at an aggregate purchase price of more than USD $180 billion (including acquisition financing and co-investors).
www.lonestarfunds.com
MEDIA CONTACT
Christina Pretto
cpretto@lonestarfunds.com
+1 (212) 849-9662 (office)
+1 (917) 499-4260 (mobile)
Source: Lone Star Funds
(끝)
출처 : PRNewswire 보도자료
본 콘텐츠는 제공처의 후원을 받아 게재한 PR보도자료입니다.
Group's Real Estate Assets
[편집자 주] 본고는 자료 제공사에서 제공한 것으로, 연합뉴스는 내용에 대해 어떠한 편집도 하지 않았음을 밝혀 드립니다.
(NEW YORK and TOKYO and SYDNEY, March 6, 2017 PRNewswire=연합뉴스) Lone Star Funds, the global private equity firm, today issued the following statement:
"An affiliate of Lone Star Real Estate Fund V announces that it has extended an all-cash offer to the Board of Directors of Astro Japan Property Group (ASX: AJA-AU) ("Astro") for all of the company's Japanese real estate assets at Astro's December 31, 2016 book value.[1] The proposal is conditional upon confirmatory due diligence, which Lone Star is ready to commence immediately, an agreement between Astro and Spring Investment Co., Ltd. ("Spring") to terminate Spring's external management agreement, as well as customary market documentation and final approval conditions."
[1] (JPY 83,667,274,000, after taking into account the sale of Round One Amagasaki post year end)
ABOUT LONE STAR FUNDS
Lone Star Funds was founded in 1995, and invests on the behalf of its fund limited partners, who include pension funds for public sector and corporate employees and retirees, as well as foundations and endowments that support medical research, higher education and other philanthropic causes.
Since the establishment of the first fund in 1995, Lone Star has organized 17 funds with aggregate capital commitments exceeding USD $70 billion. Lone Star has vast transactional experience, having closed approximately 470 investments in more than 1,400 transactions at an aggregate purchase price of more than USD $180 billion (including acquisition financing and co-investors).
www.lonestarfunds.com
MEDIA CONTACT
Christina Pretto
cpretto@lonestarfunds.com
+1 (212) 849-9662 (office)
+1 (917) 499-4260 (mobile)
Source: Lone Star Funds
(끝)
출처 : PRNewswire 보도자료
본 콘텐츠는 제공처의 후원을 받아 게재한 PR보도자료입니다.
