PE to buy Japanese restaurant chain
US private equity firm Bain Capital has emerged as a potential buyer for Skylark Co, a restaurant chain operator in Japan, which is being sold by Nomura Principal Finance, the investment arm of Japanese securities group Nomura Holdings, which currently owns 78.6 % of the restaurant chain.
The deal size could reach JPY280 billion ($3 billion), including debt. Industry sources said that the negotiations between Bain and Nomura are apparently in the final stages. For the secondary deal, local...
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