Ripplewood sells Japan Telecom for a 1B$ capital gain

Ripplewood sold for 3B$ a company that it bought one year ago for 2B$ making a 1B$ capital gain in less than one year. Close to 50% return!This deal also makes a lot of sense for Softbank that will be able to offer point to point services to customers thanks to its existing local networks

Eric Perraudin
http://www.japanconsult.com/