KKR, PAG near deal to acquire Sapporo’s real estate for over $2.6B

KKR & Co (NYSE:KKR [https://seekingalpha.com/symbol/KKR]) and PAG have emerged as leading bidders in a potential ¥400 billion (≈ $2.6 billion) deal to buy the real estate holdings of Sapporo Holdings (OTCPK:SOOBF [https://seekingalpha.com/symbol/SOOBF]), sources familiar with the matter told Bloomberg.

Sapporo is reportedly working exclusively with the two firms and is expected to finalize a deal by November, though negotiations remain ongoing and a contract is not yet guaranteed.

If completed, the acquisition would mark one of the largest real estate transactions tied to a consumer goods company in recent years, reflecting sustained appetite for hard assets in Asia’s corporate consolidation wave.

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