Carlyle eyeing $2.1b valuation for X-ray tools maker Rigaku in Japan IPO: report

Carlyle eyeing $2.1b valuation for X-ray tools maker Rigaku in Japan IPO: report

FILE PHOTO: A man works at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon/File Photo

Japan’s Rigaku, a maker of X-ray testing tools backed by buyout firm Carlyle Group, is preparing for a domestic initial public offering (IPO) in October, two sources familiar with the matter said.