Carlyle completes Tsubaki Nakashima acquisition
At a time when companies in Japan are revising their plans to await a more stable environment in the aftermath of the recent 9.0-magnitude earthquake that rocketed the market, others hope to show that business can still go on as usual, as The Carlyle Group has officially completed its large-scale acquisition of steel bearing maker Tsubaki Nakashima Co.
The deal, announced the first of this month, sees Carlyle acquire 95.56% of the outstanding shares of Tsubaki Nakashima from Nomura Principal Finance. Although the financial terms of the deal were not...
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