Peter Horovski
Japan’s T-Gaia runs over 1,700 retail outlets for NTT DoCoMo, KDDI, SoftBank and other service providers. (Source photos by Nikkei)
TOKYO — Bain Capital announced on Monday that it will acquire Japan’s largest cellphone sales agent, T-Gaia, purchasing the stakes of major shareholders Sumitomo Corp. and Tokyo-based Hikari Tsushin.
The U.S. private equity group’s total purchase price in taking the retailer private is expected to exceed 140 billion yen ($980 million).
