Wednesday, April 18, 2007

UPDATE 1-Carlyle to pay $12.6 mln for Japan chip firm stake

(Reuters) - Nakaya, which is based in Kyushu, Japan's southernmost main island, assembles and tests microchips for chip makers including Toshiba Corp. , Japan's second-largest electronics conglomerate.

Carlyle's investment in Nakaya will be completed by the end of the month via a private placement. It will then have board representation and plans to help Nakaya expand by assisting with recruitment and evaluating acquisition targets.


Read more at Reuters.com Mergers News

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