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TAIYO HOLDINGS shares fall sharply for fifth straight day as KKR launches tender offer at \4,750 per share for privatization

Wed Apr 1, 2026 10:37 am JST Catalyst

TAIYO HOLDINGS CO.,LTD. <4626> continued its sharp decline for the fifth consecutive day. Late on the 31st, U.S.-based KKR announced it would launch a tender offer (TOB) for TAIYO HOLDINGS with the aim of taking the company private. The offer price of \4,750 per share represents a discount of approximately 4.7% from the closing price on the same day. TAIYO HOLDINGS' share price has been converging toward the TOB price.

The minimum number of shares to be purchased is set at 44,648,100 shares, with no upper limit. The TOB is scheduled to commence around early October. The Tokyo Stock Exchange designated TAIYO HOLDINGS as a security under supervision (confirmation pending) effective from April 1st. The company has been subject to media speculation in the past regarding privatization, which had previously pushed its share price higher.

Source: MINKABU PRESS

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