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Sapporo Holdings agrees to sell its real estate unit to KKR and PAG for $2.57 billion, focusing on brewing amid investor pressure.
Sapporo Holdings has agreed to sell its real estate business to a consortium of KKR and PAG for over 400 billion yen, about $2.57 billion, according to NHK.
The deal, reported on December 24, 2025, marks a strategic shift toward focusing on brewing, amid pressure from activist investors.
The transaction involves selling more than half of the real estate unit’s shares and includes commercial and residential properties across Japan.
The sale is subject to regulatory approval and expected to close in early 2026.
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Sapporo Holdings está de acuerdo en vender su unidad de bienes raíces a KKR y PAG por $ 2.57 mil millones, centrándose en la elaboración de cerveza en medio de la presión de los inversores.