Daiwa SMBC sells Q'sai for over $1 billion
Daiwa SMBC Capital, the private equity arm of Daiwa Securities Group and Sumitomo Mitsui Financial Group, is reportedly selling investee Japanese juice maker Q'sai Co., in what could become the largest exit so far this year in Japan.
There is a possibility that the exit value may exceed the $1 billion price tag on Bellsystem24 bought by US buyout firm Bain Capital in 2009, industry sources noted. However, strategic buyers are thought...
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