Bain Capital Raises Kakaku Bid

Bain Capital and LY Corporation have raised their proposal for Kakaku.com to ¥3,384 a share, valuing the Japanese digital-platform group at approximately ¥670bn ($4.1bn) and widening their lead over a competing offer from EQT. The revised terms turn the contest into a more direct test of price, shareholder alignment and execution certainty. The proposal is … Read more