Bain to buy Domino's Japan biz

Bain Capital said that it would buy Japanese firm Higa Industries Co from Duskin Co, Daiwa SMBC Capital and Ernest Higa, the founder of Higa.

Domino’s Pizza currently only operates in Tokyo and Osaka, Japan’s two largest cities, so there is considerable scope for expansion, Gross-Loh continued.

Bain did not disclose the purchase price although Duskin, which owns 44 percent of Higa, said it was selling its stake for ¥2.64 billion ($29 million), making the entire company worth about ¥6 billion.

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