Ripplewood To Sell Stake in Columbia Music

TOKYO (Reuters) – Ripplewood Holdings will sell its stake in Japan’s Columbia Music Entertainment (6791.T) for $27 million, as the U.S. private equity firm exits investments in non-financial companies. RHJ International (RHJI.BR), the Brussels-listed arm of the U.S. group, said it has agreed to sell its 25.5 percent stake in the music company to Japan’s […]

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