Big Four Japanese firm Nishimura & Asahi is acting for Carlyle Group on its tender offer for Tokyo-listed KFC Holdings Japan.

Two other Big Four Japanese firms have also been mandated on the deal. Mori Hamada & Matsumoto is advising KFC Japan, which operates about 1,200 stores in the country. Nagashima Ohno & Tsunematsu is acting for KPMG as financial advisor on the transaction.

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