Deals Rumor Mill: Carlyle, Saks, Sony

Law360, New York (May 22, 2013, 1:08 PM EDT) -- Private equity giant Carlyle Group LP has set a $2 billion target for its third Japan-focused fund, set to replace its 7-year-old effort earmarked for investments in the bustling country, sources told Reuters on Wednesday. While Carlyle is the lone investment firm that has funds specifically designated for Japanese purchases, interest from prospective buyers abroad has ticked up over the past year. A generally strong yen, healthy commercial climate and the government's aggressive monetary easing plan have lured deep-pocketed buyers, eager to cash in on one...
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