<article>Management of Japan&#8217;s pearl retailer <a style="color: #000080;" href="http://www.tasaki-global.com/" target="_blank">Tasaki &amp; Co </a>will buy out the company with private equity firm <a style="color: #000080;" href="http://www.mbkpartnerslp.com/" target="_blank">MBK Partners</a> for 3,1.5 billion yen ($283 million), Tasaki said on Friday.</article>

Management of Japan&#8217;s pearl retailer <a style="color: #000080;" href="http://www.tasaki-global.com/" target="_blank">Tasaki &amp; Co </a>will buy out the company with private equity firm <a style="color: #000080;" href="http://www.mbkpartnerslp.com/" target="_blank">MBK Partners</a> for 3,1.5 billion yen ($283 million), Tasaki said on Friday.
MBK Partners, a private equity firm targeting assets in Japan, South Korea and China, will buy all of Tasaki&#8217;s shares, except treasury stock, for 2,205 yen per share through a tender offer on Monday, Tasaki said.
&#8220;This public tender offer is part of the process for a so-called management buyout and is based on the company&#8217;s board agreement,&#8221; Tasaki said in a statement.
Tasaki shares surged after news first broke of the buyout. Nikkei business daily reported the purchase will help Tasaki delist from the Tokyo Stock Exchange. Tasaki shares closed at 1,735 yen on Friday, up 12 percent from Thursday&#8217;s close.
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<h4 style="text-align: justify;">Reuters</h4>
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Management of Japan's pearl retailer Tasaki & Co will buy out the company with private equity firm MBK Partners for 3,1.5 billion yen. 

Japan's Tasaki management, MBK Partners to buy out firm for $283m

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Japan's Tasaki management, MBK Partners to buy out firm for $283m

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