Nikko Principal Restarts BellSystem 24 Sale

Nikko Principal Investment Japan Ltd., a private-equity unit of Citigroup, has restarted efforts to sell Bellsystem 24, the country's largest call center company, with the first round of bidding due to Sep. 1, according to Nikkei. It is expected to be worth around $1.5 billion. Bidders are said to be KKR, Permira, Blackstone, TPG, Bain, CVC, Advantage Partners, Unison Capital and Itochu Corp.