Baring PE Asia to invest $904m in Japan's audio systems maker Pioneer

Baring PE Asia to invest $904m in Japan's audio systems maker Pioneer

Photo: unsplash

Japanese audio systems maker Pioneer Corp said on Friday buyout firm Baring Private Equity Asia has agreed to invest 102 billion yen ($904 million) in the company to restore its financial health, the first major private equity investment in Japan this year.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter