Itochu Side to Acquire Embattled Bigmotor for 60 B. Yen
Tokyo, April 17 (Jiji Press)--Major Japanese trading house Itochu Corp. and investment fund J-Will Partners plan to acquire embattled used car dealer Bigmotor Co. for 60 billion yen, it was learned Wednesday.
After the purchase, Bigmotor's main operations are expected to be moved to a new company owned by Itochu, J-Will Partners and Itochu subsidiary Itochu Enex Co.
(2024/04/17-21:58)
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