The Universal Studios Japan theme park in Osaka has been acquired by SG Investments, an investment fund unit of Goldman Sachs, for US$1.2bn (£725m, 840m euro).
SG Investments will buy 2.2 million shares, or 98.5 per cent, in USJ Co., which operates the park. It plans to buy the remaining shares in USJ in order to make the park operator a wholly owned subsidiary.
The park opened in 2001, but visitor numbers fell 6.2 per cent to 8.1 million during the fiscal year the ended in March.
