SoftBank's Fortress Investment to buy Accordia Golf for US$3.5 billion -Nikkei
FILE PHOTO: A golfer blasts out from a bunker at Accordia Golf's Narashino Country Club King & Queen Course in Inzai, east of Tokyo June 11, 2007. REUTERS/Toru Hanai (JAPAN)
TOKYO : SoftBank Group's Fortress Investment Group plans to buy unlisted Japanese golf course operator Accordia Golf for about 400 billion yen (US$3.50 billion), the Nikkei business daily said on Tuesday.
Accordia is owned by private equity firm MBK Partners.
(US$1=114.1800 yen)
(Reporting by Chang-Ran Kim; Editing by Clarence Fernandez)
Source: Reuters
