Heathcare Servicer To Go Private Via MBO With Carlyle

N.I.C. Co., a healthcare-related services provider, announced that NIC approved a tender offer set up by The Carlyle Group and the management of NIC from NC Holding. The TOB price is set at 530 yen, a 59.16% premium over a 3 month average. While the global mega buyout shop will make an investment of 7.08 billion yen, Sumitomo Mitsui Bank is ready to provide up to 5.35 billion yen in financing. This is the second deal for The Carlyle Japan this year.