Carlyle launches sale of Japanese cosmetics supplier Tokiwa in $800 million deal, sources say
The 75-year-old Japanese company has about $50 million in expected earnings before interest, taxes, depreciation, and amortization (EBITDA), the sources said.
Carlyle invested an undisclosed amount in Tokiwa in 2019 via its third Japan-focused buyout fund to help the company expand overseas. (Image credit: Reuters)