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Kakaku.com opens with buy orders as EQT announces tender offer at 3,000 yen per share

Wed May 13, 2026 9:12 am JST Catalyst

Kakaku.com, Inc. <2371> drew buy orders following an announcement by Sweden-based investment firm EQT after the close on May 12 that it will launch a tender offer at 3,000 yen per share to take the company private. The offer will be conducted through its subsidiary Kamgras 1.

By going private, Kakaku.com aims to stabilize its management base and advance initiatives such as improving user experience through high-value-added services and discovering new platform-based services. EQT plans to acquire up to 121,905,767 shares?with a lower limit of 34,941,000 and no upper limit?during the tender offer period scheduled from May 13 to July 2.

Kakaku.com’s board has expressed support for the bid and recommends shareholders tender their shares. Major shareholders Digital Garage, Inc. <4819> (20.50% stake) and KDDI CORPORATION <9433> (17.55% stake) do not intend to tender, but plan to participate in a share buyback following the tender offer's completion. Digital Garage subsequently plans to reinvest to maintain an indirect 20% stake in the company.

Source: MINKABU PRESS

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

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