Bain Capital Buys Domino's Pizza in Japan

TOKYO (Reuters) - U.S. private equity firm Bain Capital said on Monday it would acquire the Japan franchisee of Domino's Pizza (DPZ.N) as it sees opportunities in the country's niche pizza delivery market. Bain Capital said in a statement that it would buy Japanese firm Higa Industries Co from Duskin Co (4665.T), Daiwa SMBC Capital and Ernest Higa, the founder of Higa. "In Japan pizza delivery is a niche business and home delivered pizza is treated as a specialty item so there is less price sensitivity," David Gross-Loh, a managing director at Bain Capital in Tokyo told Reuters.

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