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Hong Kong private equity investor PAG buys restaurant operator Gyro

First Japan investment in 2021 comes amid plan to deploy billions in coming years

Private equity investor PAG has agreed to buy Japan's Gyro Holdings, owner of Wired Cafe and other brands. (Photo by Yuki Kohara)

HONG KONG -- Asia-focused private equity investor PAG has agreed to buy Japanese restaurant operator Gyro Holdings, its first deal in 2021 in the third-largest global economy, where it hopes to invest several billion dollars in the coming years.

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