February 24, 2010

J-Will Partners to sell nursing home operator Bon Sejour

J-Will Partners will sell its 100% stake in Bon Sejour, a Tokyo-based nursing home operator, to Benesse (TSE9783), a provider of educational services. Bon Sejour operates 22 nursing homes mainly in the Tokyo and Osaka metropolitan area. Benesse operates 150 nursing homes through its subsidiary. No financial terms were disclosed. J-Will originally acquired Bon Sejour from real estate company ZECS (TSE8913) in 2008.

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