Kamgras 1 K.K. has raised its tender offer price for Kakaku.com, Inc. (2371) to ¥3,681 per share from ¥3,680 and extended the offer period to Oct. 14, 2026, Kakaku.com said on Sept. 30.
Kamgras 1 filed an amended tender offer registration statement on Sept. 29 and extended the offer period to the 10th business day after that filing, bringing the total to 105 business days. The offer, which started May 13, aims to take Kakaku.com private. The minimum tender threshold stays at 34,941,000 shares with no maximum, and the price for each stock acquisition right remains ¥1.
| Item | Before | After |
|---|---|---|
| Price per common share | ¥3,680 | ¥3,681 |
| Offer period | May 13-Sept. 29, 2026 (95 business days) | May 13-Oct. 14, 2026 (105 business days) |
| Minimum tender | 34,941,000 shares | 34,941,000 shares |
The change follows a rival plan by investment funds advised by Bain Capital Private Equity, LP and their group, together with LY Corp. (LINE Yahoo). On Sept. 16, the two announced they would raise the planned offer price of BCPE Blitz Cayman, L.P., a limited partnership formed by Bain Capital in which LINE Yahoo is expected to invest indirectly, to ¥3,597 per share, or ¥3,720 if they can sign a non-tender agreement with KDDI Corp.
Kakaku.com said the two offers cannot both proceed. Its board and a special committee set up to review the take-private deal will consult in good faith with both sides and carefully consider which transaction would better serve corporate value and the common interests of shareholders, as well as each offer's likelihood of success.
As of Sept. 30, the special committee's recommendation was unchanged. Kakaku.com also maintained its July 2 opinion supporting the Kamgras 1 offer while leaving the decision to tender to shareholders and stock acquisition right holders.
The Kamgras 1 tender offer period now runs through Oct. 14, 2026.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
Summaries of public disclosures by Japanese listed companies. Not investment advice; accuracy not guaranteed. Figures and dates in the TDnet originals prevail.
本站內容為日本上市公司公開開示之摘要整理，非投資建議，亦不保證正確。數字與日程以 TDnet 原文為準。
本サイトは日本の上場企業の適時開示を要約したものであり、投資助言ではありません。正確性は保証しません。数値・日程は TDnet の原文が優先します。