Nissan Sells Headquarters to Minth Group for $630 Million (2)

Nissan Motor Co. has agreed to sell its global headquarters in Yokohama for ¥97 billion ($630 million) to a group sponsored by Taiwanese autoparts maker Minth Group, as the struggling automaker seeks to shore up its financial position.

The acquisition will be led by a special purchase company managed by KJR Management, a Japanese real estate unit of private equity giant KKR & Co., according to people familiar with the matter, who asked not to be named discussing private information. Bloomberg News reportedthe deal earlier.

KJR said it will act as asset manager together with ...