EQT and Bain Vie for $5 Billion Kakaku Takeover
EQT and Bain are battling to acquire Japanese internet company Kakaku in a $5 billion contest. The report says strategic buyers are helping push up prices in an increasingly contested Japan buyout market.
By Anton Bridge and Miho UranakaA battle between private equity firms EQT and Bain to acquire a $5 billion Japanese internet company illustrates how takeovers in Japan are becoming increasingly contested, with the participation of strategic buyers helping push up prices.EQT OMXSTO:EQT bid for Kakak…