CLSA's second Japan fund, Sunrise Capital II is currently under fund raising and the transaction marks its first investments after the first close.
June 21, 2013
CLSA's 2nd Japan Fund Buys A Car Auction Company
CLSA has purchased all outstanding shares of BCN, a Saitama-based B2B car auction site operator, from its parent, Chubu Motor Sales Co. BCN acts as a dealing platform between professional sellers and buyers, both are registered members of BCN and pay commissions to BCN. It conducts 130,000 auctions per year, of which 63% are sold.
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2 comments:
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Thanks for updating us about japan car import auction details.............!!!!CLSA's 2nd Japan Fund Buys A Car Auction Company is really dedicated towards their work
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