Q&A: Carlyle sees rise in Japanese carve-outs
Kazuhiro Yamada, head of Carlyle's Japan buyout group, talks about why Japanese companies are more willing to say goodbye to non-core units.
September 14, 2016
When Mark Chiba flew to Wendy’s headquarters in Columbus, Ohio in April for a meeting with the US firm’s top management to negotiate the combination of Wendy’s Japanese franchise with First Kitchen — a subsidiary of the conservative, family-controlled Japanese conglomerate Suntory Holdings — he knew it would be tough.
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