Carlyle Launches Tender Offer to Buy Japan’s Hogy Medical

Carlyle Group Inc. has launched a takeover offer for Hogy Medical Co. in the latest private equity-led deal of a Japanese company.

The US investment firm offered ¥6,700 ($43.1) per Hogy Medical share, according to a statement on Wednesday. As part of the deal, Carlyle reached a tender offer agreement with certain significant shareholders in Hogy Medical including activist investor Dalton Investments LLC. The offer period starts Thursday and ends on Feb. 5.