Blackstone, Carlyle, Bain among suitors fine-tuning bids for Asian distributor of Fancl’s beauty products ahead of Friday deadline

• Blackstone, Carlyle, Bain Capital, Sequoia Capital, and Citic Capital are the last suitors standing in the auction after a dozen were whittled down to five
• Deal may peg the company’s value between US$600 million and US$900 million