Deals
Carlyle Weighs Sale of Baby Star Noodle Snack Maker Oyatsu
- The sale of Japanese snack maker may fetch up to $400 million
- The private equity firm is seeking adviser to oversee the sale
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Carlyle Group Inc. is weighing a sale of its controlling stake in Japanese snack maker Oyatsu Co., people with knowledge of the matter said, paving the way to exit an investment the buyout firm made in 2014.
The private equity firm is seeking an adviser to oversee the potential sale of the Baby Star noodle snack maker and sound out prospective buyers, the people said. A disposal of the snack maker could fetch $300 million to $400 million, said the people, who asked not to be identified as the information is private.