UPDATE 1-Bain-led buyout of Japan's Nichiigakkan undervalues nursing home operator, says investor
June 11, 2020 at 05:49 AM EDT
Bain Capital's tender offer "substantially" undervalued Japanese nursing home operator Nichiigakkan Co and appeared to take "advantage of COVID-19 related weakness in the share price", investment fund LIM Advisors said in a letter to management.