Citigroup (C)

Bain Capital Partners LLC announced that it has completed the acquisition of BELLSYSTEM24, Japan's call center operator, from Citigroup Capital Partners Japan Ltd., a subsidiary of Citi.
On November 14, 2009, Citigroup Capital Partners Japan Ltd. had entered into a tender offer agreement with an affiliate of Bain Capital under which it received cash consideration for its 93.5% stake in BELLSYSTEM24. The total transaction was valued at approximately JPY100 billion (equivalent to USD1.1 billion).

Dec 31 · 3:10:00 PM · Source: Reuters
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by Michael Oliveto