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Carlyle Group Completes Purchase of Tsubaki Nakashima

The Carlyle Group has completed its acquisition of Japan’s Tsubaki Nakashima from a unit of Nomura Holdings, Reuters reported. Carlyle bought the ball bearing manufacturer for about $800 million, Reuters said, citing a source.

(Reuters) – U.S. private equity firm Carlyle Group said on Monday it has completed its purchase of Tsubaki Nakashima in Japan from a unit of Nomura Holdings .

Carlyle has bought the Japan ball bearing maker for about $800 million, according to a source familiar with matter.

The source declined to be named because the financial terms of the deal were not public. (Reporting by Stephen Aldred; Editing by Ken Wills)