LINEヤフー and Bain are expected to raise the TOB price for カカクコム to ¥3,700, above EQT's ¥3,682. Depending on cooperation from major shareholders, the price could be increased to as much as ¥3,720, and the TOB is expected to begin in mid-November.
LINEヤフー and US investment fund Bain Capital announced that they would raise the proposed TOB price for カカクコム to ¥3,700. This exceeds the ¥3,682 offered by European fund EQT.
The policy is to keep the price at ¥3,720 if cooperation is obtained from major shareholders. The TOB is expected to begin in mid-November, and the necessary approvals from antitrust authorities in each country have reportedly been obtained.
Regarding カカクコム, EQT announced an acquisition in May and launched a TOB at ¥3,000 per share. LINEヤフー's camp subsequently made a counterproposal, and the price has continued to rise. Since 29 September, EQT has raised its proposed price by ¥1 at each deadline and extended the TOB period.