May 22, 2015

Cerberus lowers stake in Seibu

U.S. private equity firm Cerberus has reduced its stake in Seibu Holdings Inc. by 9.9 percentage points to 25.6 percent, informed sources said Friday. Cerberus, the top shareholder of Seibu, is believed to have started to lock in profits following a rise in the ...

Delisted Seibu Holdings back on TSE

Apr 23, 2014

Delisted Seibu Holdings back on TSE

Seibu Holdings Inc. made a solid return to the first section of the Tokyo Stock Exchange Wednesday, nearly a decade after its predecessor, Seibu Railway Co., was delisted from the bourse for falsifying financial statements in 2004. The holding company of Seibu Railway and ...

Cerberus plans 45% Seibu Holdings stake

Apr 6, 2013

Cerberus plans 45% Seibu Holdings stake

U.S. private equity fund Cerberus Capital Management LP said Friday it aims to raise its stake in Seibu Holdings Inc. to nearly 45 percent in an apparent bid to take the initiative in managing the railway and hotel operator. Cerberus, already the largest shareholder ...