May 25, 2009 / 11:22 PM / in 8 years

Goldman, MBK to buy Universal Studios Japan -report

SEOUL, May 26 (Reuters) - Goldman Sachs (GS.N) and Asian private equity firm MBK Partners are set to buy out Universal Studios Japan (USJ) 2142.T on Tuesday for $1.4 billion, South Korea’s Maeil Business Newspaper reported.

Goldman and MBK will acquire a 98.3 percent stake in Osaka-based Universal Studios Japan and plan to buy the remaining minority shares, the daily reported, citing MBK sources.

In March, sources said Goldman would bid for USJ to take it private. [ID:nT373372] (Reporting by Rhee So-eui; Editing by Jonathan Hopfner)

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