Carlyle gets offers for Willcom
The Carlyle Group’s 60%-owned investee Willcom Inc, a PHS (Personal Handy Phone) carrier in Japan, has received proposals from a number of potential buyers, including Softbank, Japan’s third largest mobile carrier, as well as other investment funds.
As a condition for the bid, Softbank is reportedly asking Willcom's creditors to forgive part of its ￥93.5 billion ($1.1 billion) debt. In March this year, the US buyout fund injected a further ￥5...
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