PE-backed Real Estate AM To Delist via Tender Offer

MK Capital Management Co., a listed Unison-backed real estate asset management company, announced that MK Capital approved the tender offer from an investment vechile by Unison Capital group, a major private equity firm. The TOB price is set at 35,000 yen, a 68% premium over a 3 moth average. MK will be delisted upon the successful conclusion of this deal. Unison Capital group previously made a tender offer in Feburary 2010 and became the largest shareholder(61.3%).