Feb 1 (Reuters) – Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported on Sunday. Private equity firm CVC Capital Partners plans to divest all of FineToday’s shares, the report added. […]
Business
Bain Capital finalises plans to acquire FineToday Holdings in $1.29 billion deal, Nikkei reports
Audio By Carbonatix
Feb 1 (Reuters) – Bain Capital has finalised plans to acquire FineToday Holdings, the Japanese personal-care company behind the Tsubaki shampoo brand, in a deal expected to be worth around 200 billion yen ($1.29 billion), Nikkei reported on Sunday.
Private equity firm CVC Capital Partners plans to divest all of FineToday’s shares, the report added.
Reuters could not immediately verify the report.
($1 = 154.7600 yen)
(Reporting by Preetika Parashuraman in BengaluruEditing by Shri Navaratnam)