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Goldman Sachs and private equity firm MBK Partners will jointly buy Universal Studios Japan (USJ) in a $1.4 billion deal, South Korea's Maeil Business Newspaper reported on Tuesday.
Under the agreement, Goldman and MBK will acquire a 98.3 percent stake in Osaka-based USJ, the operator of a theme park with attractions based on movies such as Spider-Man and Jurassic Park, and plan to buy the remaining minority shares, the daily said, citing MBK sources.
Goldman Sachs and MBK could not immediately be reached for comment.
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In March, USJ Co Ltd said it would go private in a 111.2 billion yen ($1.2 billion) buyout led by a Goldman Sachs fund.
USJ is about 40 percent held by Crane Holdings Ltd, a subsidiary of Goldman Sachs.
The newspaper said Goldman and MBK Partners had launched a tender offer by May 21 to buy USJ shares from the Development Bank of Japan and other major shareholders in the theme park operator.
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