ボードルア, an IT infrastructure company, will go private through an MBO. The tender offer price is ¥2,970 per share, and a US subsidiary of Bain Capital will conduct the tender offer from the 19th through 5 October.
ボードルア announced its decision to take the company private through an MBO. A US company under Bain Capital will conduct the acquisition at ¥2,970 per share. The tender offer period is scheduled to run from the 19th through 5 October, with the company aiming to become a wholly owned subsidiary after the transaction is completed. The company is also expected to be delisted.
The company said that founder and President Tominaga Shigehiro (冨永重寛), along with the representative director and director, 3 people in total, will remain involved in management after the tender offer is completed. The 3 people plan to transfer their 54.65% stake to Bain and have indicated their intention to reinvest in a 32% stake after the acquisition is completed.