Baring PE makes counter offer for Japan's Nichiigakkan

Baring PE makes counter offer for Japan's Nichiigakkan

Baring Asia

Hong Kong-based buyout firm Baring Private Equity Asia (BPEA) on Monday said it has made a counter offer for Japanese nursing home operator Nichiigakkan Co Ltd, which has agreed to be bought by Bain Capital in a deal valuing it at $1.2 billion.