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Comcast to buy Japan theme park stake in its biggest overseas deal

Its CEO says this is the start of the company making more global investments

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Sales and visitor numbers at the 14-year-old Universal Studios Japan theme park had hit a record high following a revamp, with a US$400 million Harry Potter attraction which opened July last year.

Tokyo

COMCAST Corp is making its biggest overseas investment, as the largest US cable operator seeks international growth after being stymied in its bid to acquire its second-largest competitor Time Warner Cable Inc.

Comcast's NBCUniversal unit will pay US$1.5 billion for the stake

sentifi.com

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