CLSA Capital to acquire majority stake in Japan's salon franchise for $94m

CLSA Capital to acquire majority stake in Japan's salon franchise for $94m

Photographer: Tomohiro Ohsumi/Bloomberg

Alternative investor CLSA Capital Partners is set to acquire a majority stake in pan-Japan beauty salon franchise Agu Group’s KK Loiness and B-first KK for over $94.16 million (JPY10 billion).

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