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EQT Confirms Higher Takeover Offer for Japan's Kakaku.com

MT Newswires·07/17/2026 03:34:10
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03:34 AM EDT, 07/17/2026 (MT Newswires) -- EQT (EQT.ST) confirmed on Friday that its consortium with Japanese payment service provider Digital Garage increased the takeover offer for Kakaku.com to 3,450 yen per share from 3,000 yen per share. The Swedish private equity group said the higher proposal for the Japanese classified and marketplace platform surpassed the 3,384 yen-per-share competing offer of technology group LY Corp. and US investment firm Bain Capital. EQT said the consortium already received approvals from all relevant regulators for the transaction, noting that the competing party is still contemplating launching a tender offer in September at the earliest.