COMCAST CORP acquired Universal Studios Japan (remaining 49% stake) for US$2.3 billion, a transaction announced in February 2017, structured as Purchase of remaining 49% equity interest, resulting in 100% ownership; includes assumption of USJ net debt.
Universal Studios Japan (remaining 49% stake) operates in NBCUniversal (Theme Parks / Destinations & Experiences), is based in Osaka, Japan. Comcast NBCUniversal agreed to purchase the remaining 49 percent ownership of Universal Studios Japan (USJ) from its partners, including Goldman Sachs, former USJ CEO Glenn Gumpel, private-equity firm MBK Partners, and hedge fund Owl Creek Asset Management. Completing the transaction gave Comcast NBCUniversal 100 percent ownership of the Osaka theme park destination.
Demonstrates Comcast NBCUniversal's confidence in USJ's growth and its interest in the Asian market, complementing theme park development in Beijing and a licensed park in Singapore.
Advisory firms were not disclosed for this transaction.