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Thursday, March 10, 2011

REFILE-Nomura in talks with Bain Capital to sell Skylark-Nikkei

Nomura Holdings Inc is in the final stage of talks with U.S. private-equity firm Bain Capital LLC to sell restaurant chain Skylark Co, the Nikkei business daily said on Thursday.     The deal is expected to be valued at about 300 billion yen, including debt, and Nomura aims to transfer the Skylark shares before the end of this month, the business daily said. If the deal happens, it would be the largest private-equity buyout of a Japanese company since the 2008 global financial crisis, signaling renewed interest in Japan on the part of investment funds, the Nikkei said. Bain Capital is planning a leveraged buyout for the deal and is negotiating with multiple banks to secure loans, the daily said. (Reporting by Swati Chitnis in Bangalore; Editing by Jarshad Kakkrakandy)

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