The Carlyle Group Inc. (NasdaqGS:CG) is planning to sell Japanese cosmetics supplier TOKIWA Corporation in a deal that could fetch $1 billion, two sources with knowledge of the matter said. The investment firm has tapped Jefferies and SMBC Nikko Securities as advisors to work on the sale of the 75-year-old company, which will kick off early next year, said one of the people, who both declined to be named as the information is confidential.
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+20.85% | 28.68B | |
-8.88% | 17.41B | |
+8.60% | 14.61B | |
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+26.04% | 9.78B | |
+21.27% | 6.8B |
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- Carlyle to Sell Japanese Cosmetics Supplier Tokiwa in $1 Billion Deal