CLSA Capital Plans To Sell Everlife, Hires An Adviser - Reuters

CLSA Capital Partners plans to sell Everlife in a deal that could be worth up to 70 billion yen ($840 million), Reuters reported citing sources. CLSA hired Bank of America Merrill Lynch as an adviser and to sounding out interest from other private equity firms and strategic investors, three people with direct knowledge of the matter said. CLSA Capital is Credit Agricole SA's private equity business. Everlife is a Fukuoka, Japan-based food supplement maker.

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