Ropes Helps Bain Seal $2.1B Skylark Eatery Deal

Law360, New York (October 21, 2011, 1:40 PM EDT) -- Bain Capital LLC will take over Japanese restaurant chain Skylark Co. Ltd. from investment bank Nomura Holdings Inc., a $2.1 billion deal that ranks as the largest private equity buyout in Japan in nearly two years, the buyout heavyweight announced Friday.

Bain took a 100 percent stake in Skylark, completing a closely watched deal that reportedly stalled in September after a dysentery outbreak closed 120 of Skylark’s 3,600 restaurants. Bain said the $2.1 billion deal gives the firm the chance to replicate the success it had...
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