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Japan’s Tohokushinsha, Co-Producer of ‘Lost in Translation,’ Receives $575M Takeover Offer

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deadline.com

Singapore-based 3D Investment Partners has offered to become a majority shareholder in Japanese film company Tohokushinsha and take it private, valuing the Japanese film company at $575M.

Tohokushinsha dubs foreign TV shows and films into Japanese and was also a co-producer of the 2003 film Lost in Translation that Sofia Coppola wrote and directed.

The company also worked on the 1980 TV miniseries Shogun, which was based on James Clavell’s 1975 novel of the same name and the predecessor of Disney+’s Emmy-nominated modern version.

3D Investment Partners already holds an 18% share stake in Tohokushinsha and has proposed a purchase price of 600-650 yen per share, which represents a premium of 6%-15% to the film company’s closing price on Wednesday of 565 yen.

Read more on deadline.com
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