SHINMEI Co., LTD. signed a definitive agreement to acquire stake in Meisui Bijin Factory Co., Ltd. from Carlyle Japan Partners III managed by The Carlyle Group Inc. (NasdaqGS:CG) on February 27, 2020. The Carlyle Group Inc will sell its entire stake in the transaction. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor and Nishimura & Asahi acted as legal advisor for The Carlyle Group Inc. SHINMEI Co., LTD. cancelled the acquisition of stake in Meisui Bijin Factory Co., Ltd. from Carlyle Japan Partners III managed by The Carlyle Group Inc. (NasdaqGS:CG) on February 27, 2021.