EQT Announces ¥593.5 Billion Takeover Bid for Kakaku; Shares Jump Sharply
Shares of KakakuCom Inc surged after EQT disclosed a tender offer to acquire the company for roughly ¥593.51 billion ($3.76 billion), or ¥3,000 per share. The stock climbed 17% to ¥3,425, its highest level since late 2021. EQT said Kakaku's board and a special committee supported the proposal and that it reached an agreement with Digital Garage and…