Hints and tips:
...The fundraising, the highest ever in a series A round in Japan, brought in heavyweights such as the state-backed Innovation Network Corporation of Japan (INCJ) and the country’s most influential venture...
...GNC declined to comment....
...The WSJ cites sources saying Bright Food is willing to offer far more for GNC than other suitors and that it has financing from at least two banks....
...GNC’s owners paid $1.65bn for the business in 2007....
...GNC could fetch between $2.5bn and $3bn, said people familiar with the talks....
...The pairing of Blackstone and Bright Food, in a possible $2.5-$3bn bid for US vitamins retailer GNC, is a neat illustration of the function of foreign private equity firms in China....
...The group last year walked away from talks to buy the UK’s United Biscuits and GNC, the US vitamin retailer....
International Edition