TOKYO (Reuters) – A Japanese activist fund backed by veteran investor Yoshiaki Muarkami said on Thursday it would lunch a counterbid for energy and environment firm Japan Asia Group, which is a buyout target of Carlyle Group.
City Index Eleventh said in a statement that it would offer 840 yen per share to buy JAG, higher than Carlyle’s offer of 600 yen.
Source: Read Full Article