Asia, Sushi | featured news

Permira to Buy Sushi Chain for About $1 Billion

European private-equity firm Permira said it would buy Japanese sushi chain Akindo Sushiro for around $1 billion, making a bet that the popular restaurant brand can expand beyond Japan.

 

Swank sushi: Tuna fetches record $736K in Tokyo

$736K Sushi

This tuna is worth savoring: It cost nearly three-quarters of a million dollars. A bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, Thursday in the first auction of the year at Tokyo's Tsukiji fish market. The price for the 593-pound (269-kilogram) tuna beat last year's record of 32.49 million yen.

 

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