Sapporo To Sell Real Estate Arm To KKR And PAG

30 Dec 2025 CW Team

Japan’s Sapporo Holdings has agreed to sell its real estate business to global private equity firm KKR and Asia-based alternative investment firm PAG, the companies said in a joint statement on Wednesday.

Sapporo said the enterprise value of the transaction, including debt, stands at 477 billion yen, or about $3 billion. The real estate portfolio includes landmark assets such as Yebisu Garden Place in Tokyo, a major tourist destination that houses the Yebisu Brewery along with premium dining and shopping facilities.

The group, best known for its beer brewing business, said the divestment will allow it to concentrate management resources on its core operations. Proceeds from the sale will be used to strengthen its alcoholic beverages business and support investments in other growth areas.

“Sapporo Holdings will focus on and further strengthen its alcoholic beverages business, where it has competitive advantages,” the company said. It added that funds from the transaction will also be reinvested to enhance customer engagement and expand offerings, including healthier beverage options.

Following the announcement, Sapporo’s shares closed 3.7 per cent higher, while KKR shares were marginally lower in after-hours trading.

Hiro Hirano, chief executive of KKR Japan, said the firm was pleased to partner with PAG to support Sapporo’s next phase of growth. He added that KKR would bring its global network, investment experience and operational expertise across development, operations and hospitality to the collaboration.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..