Skylark Buyout On Hold Due to Japan Quake

Banks have put the $3.4 billion buyout of Japanese restaurant chain Skylark on hold, unwilling to underwrite the deal during the immediate aftermath of Japan’s earthquake, Reuters reported. Private equity firm Bain Capital is in exclusive talks to buy the restaurant chain from Nomura Holdings Inc., Reuters said. The deal, if completed, would become one of the largest private equity buyouts of a Japanese company.

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