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As nomination battle for Virginia governor revs up, some worry the GOP is stuck in neutral


As nomination battle for Virginia governor revs up, some worry the GOP is stuck in neutral
Laura Vozzella, The Washington Post
Jan. 15, 2021
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Former Carlyle Group executive Glenn Youngkin plans to run for Virginia governor as a Republican.Youngkin campaign
RICHMOND, Va. - Glenn Youngkin had not yet officially entered this year s race for Virginia governor when a fellow Republican on Friday rolled out a blistering online ad meant to stop the Great Falls businessman from snagging the nomination.
Youngkin puts profits over people, an ominous-sounding narrator declares about the enormously wealthy former Carlyle Group executive in the ad, paid for by an anti-Youngkin political action committee. ....

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Japan's Murakami-backed fund to launch counterbid for Carlyle's buyout of Japan Asia Group


2 Min Read
TOKYO (Reuters) - A Japanese fund backed by veteran investor Yoshiaki Murakami plans to make an 18 billion yen ($173 million) bid for energy and environment firm Japan Asia Group (JAG), topping a management buyout offer backed by Carlyle Group.
FILE PHOTO: The logo of the Carlyle Group is displayed at the company s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato
City Index Eleventh said on Thursday it would offer 840 yen per share for JAG, a 40% premium to Carlyle’s offer of 600 yen.
Global buyout fund Carlyle teamed up with JAG’s chairman and CEO Tetsuo Yamashita in November to launch the management buyout that values JAG at 16.4 billion yen and is worth 37 billion yen in total, including two other JAG businesses. ....

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Murakami-backed fund plans Japanese bid battle with Carlyle


2 Min Read
TOKYO (Reuters) - A Japanese fund backed by veteran investor Yoshiaki Murakami plans to make an 18 billion yen ($173 million) bid for energy and environment firm Japan Asia Group (JAG), topping a management buyout offer backed by Carlyle Group.
FILE PHOTO: The logo of the Carlyle Group is displayed at the company s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato
City Index Eleventh said on Thursday it would offer 840 yen per share for JAG, a 40% premium to Carlyle’s offer of 600 yen.
Global buyout fund Carlyle teamed up with JAG’s chairman and CEO Tetsuo Yamashita in November to launch the management buyout that values JAG at 16.4 billion yen and is worth 37 billion yen in total, including two other JAG businesses. ....

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Will Yanolja attract investment from Carlyle?


By Park Jae-hyuk
Attention is focusing on the Carlyle Group s possible investment in Yanolja, as the latter is said to be looking to attract additional foreign investment amid its ongoing efforts to proceeds with an initial public offering (IPO), according to media reports and industry sources, Thursday.
Sources said the nation s top travel and lodgings service platform provider has talked with several foreign private equity firms (PEFs) because it may still launch a pre-IPO, an attempt to raise funds in advance of a firm s listing on a stock exchange.
Yanolja is accelerating its efforts to go public at this moment, after hiring Mirae Asset Daewoo and Samsung Securities as underwriters last year. The company s listing is expected to take place during the second half of this year. ....

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Carlyle to buy Japanese testing-tools maker Rigaku to help IPO pursuit


Carlyle to buy Japanese testing-tools maker Rigaku to help IPO pursuit
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Carlyle to buy Japanese testing-tools maker Rigaku to help IPO pursuit
FILE PHOTO: The logo of the Carlyle Group is displayed at the company s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato
06 Jan 2021 11:30AM
(Updated:
06 Jan 2021 04:14PM)
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TOKYO: U.S. buyout firm Carlyle Group said on Wednesday (Jan 6) it will buy Japan s Rigaku Corp, confirming a media report from earlier in the day that put the deal value at about US$1 billion, as the manufacturer of X-ray-based testing tools plans to go public. ....

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