CJ Group, Unison Capital Bid for Hayashibara

South Korea’s CJ Group and Japanese private equity firm Unison Capital are jointly bidding for Japanese food-additive maker Hayashibara, Reuters reported Wednesday. Gun-ei Chemical is also bidding for Hayashibara, with private equity firm Polaris, Reuters said. Final bids are scheduled at the beginning of July.

(Reuters) – South Korea’s CJ Group and Japanese private-equity firm Unison Capital are jointly bidding for Japanese food-additive maker Hayashibara, sources said.

CJ Group includes CJ Corp and CJ Cheiljedang. Gun-ei Chemical is also bidding for Hayashibara with private-equity firm Polaris, the sources said, asking not to be named because the information is not public.

The final bid is scheduled at the beginning of July, they said.

(Reporting by Junko Fujita and Ju-min Park; Editing by Vinu Pilakkott)