Deal snapshot: KKR Closes Acquisition of Japanese Real Estate Asset Manager from Mitsubishi, UBS Asset Management.

MANews-(C)2009-2022

US-based investment firm KKR and Co. Inc (NYSE: KKR), Japanese trading company Mitsubishi Corp. (OTC: MSBHF) and UBS Group and Swiss investment bank UBS AG (NYSE: UBS) have closed a deal under which a subsidiary of KKR has acquired all of the outstanding shares of Mitsubishi Corp.-UBS Realty Inc. from Mitsubishi and UBS Asset Management in an all-cash transaction valued at JPY 230bn (USD 2bn), the companies said.

MC-UBSR is one of the largest real estate asset...

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