Bain Capital buys Japanese email business of Cheetah Digital

Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon

Private multi-asset alternative investment firm Bain Capital announced that it has acquired the Japanese e-mail service business of US marketing solutions provider Cheetah Digital, according to an announcement.

Financial terms were undisclosed but the deal values the subsidiary company at around JPY30 billion ($278 million), per a report in AVCJ.

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