Carlyle raises offer to acquire Japan Asia Group to $463m

Carlyle raises offer to acquire Japan Asia Group to $463m

Photo: Reuters

Carlyle Group said on Tuesday it would increase its offer for energy and environment services firm Japan Asia Group (JAG) to 48 billion yen ($462.52 million), doubling the per share element and topping the value of a bid an activist fund has said it’s lining up.

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