October 24, 2011

Nomura To Sell Stake In Skylark To Bain Capital

Nomura Holding. Inc., an one of major securities group in Japan, announced that Nomura Principal Finance Co., Ltd., an investment unit of Nomura group, and NPF-Harmony, a subsidiary of Nomura Principal, have agreed with Bain Capital Partners, a global buyout shop, to sell their entire stake in Skylark Co., Ltd., a family-restaurant chain operator. Nomura plans to sell 77.76 % of Skylark's outstanding common shares for 100 billion yen and its entire holdings of preferred shares for 28 billion yen. Skylark was delisted via MBO with Nomura in 2006.

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