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Tokyo Electric Power Extends Gains for a Third Day on Reports of Interest from Blackstone and SoftBank in a Capital Alliance

Fri Apr 10, 2026 10:08 am JST Catalyst

Tokyo Electric Power Company Holdings, Inc. <9501> extended its sharp gains for a third consecutive day. According to an April 9 report by The Nikkei's online edition, U.S. investment firms Blackstone Inc. and Apollo Global Management, Inc. , alongside SoftBank Group Corp. <9984>, have expressed interest in a capital tie-up sought by Tokyo Electric Power. The news appears to have fueled strong buying interest. The article noted that the external capital injection could exceed JPY 1 trillion, positioning well-capitalized investment funds as leading candidates.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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