{"id":92252,"date":"2026-10-15T05:59:46","date_gmt":"2026-10-15T09:59:46","guid":{"rendered":"https:\/\/hedgeco.net\/news\/10\/2026\/eqt-raised-its-kakaku-com-tender-offer-for-a-sixth-time-and-extended-the-deadline-to-october-28.html"},"modified":"2026-10-15T05:59:46","modified_gmt":"2026-10-15T09:59:46","slug":"eqt-raised-its-kakaku-com-tender-offer-for-a-sixth-time-and-extended-the-deadline-to-october-28","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2026\/eqt-raised-its-kakaku-com-tender-offer-for-a-sixth-time-and-extended-the-deadline-to-october-28.html","title":{"rendered":"EQT Raised Its Kakaku.com Tender Offer for a Sixth Time and Extended the Deadline to October 28:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/10\/2026-10-15-kakaku-hero.jpg\" alt=\"EQT Raised Its Kakaku.com Tender Offer for a Sixth Time and Extended the Deadline to October 28\" \/><\/p>\n<p>HedgeCo.Net \u2014 EQT has raised its tender offer for Kakaku.com, operator of the Tabelog restaurant review site, by one yen to \u00a53,682 per share and pushed the offer deadline back to October 28, according to an amended tender offer registration statement filed on October 14 by its acquisition vehicle, Kamgras 1. The offer had been scheduled to close on October 14.<\/p>\n<p>It is the sixth time EQT has lifted its price in the contest, and its most recent increases have each added just a single yen per share. The fund launched its bid in May at \u00a53,000 per share. Its previous change came on September 29, when it moved the price from \u00a53,680 to \u00a53,681 and extended the deadline to October 14.<\/p>\n<p>EQT faces a rival consortium of LY Corporation and Bain Capital, which has said it is preparing its own tender offer. The size of that bid hinges on KDDI, a major Kakaku.com shareholder: with KDDI&#8217;s cooperation, the consortium plans to offer \u00a53,720 per share, and without it, \u00a53,597. The consortium has said it has completed the competition-law procedures it needs and intends to launch once conditions, including Kakaku.com&#8217;s endorsement, are met.<\/p>\n<p>The incremental, one-yen bumps are a tactical signal rather than an economic one. By keeping its offer live and fractionally higher, EQT preserves its position and keeps the clock running while the rival camp&#8217;s terms remain contingent on a large shareholder&#8217;s decision. The episode also illustrates how Japan&#8217;s evolving takeover norms are producing genuine contested auctions for listed companies, a backdrop that continues to draw global private equity and event-driven hedge funds into the market.<\/p>\n<p>For investors, the key variable is now KDDI. Its stance will determine whether the consortium&#8217;s higher \u00a53,720 price materializes, and that, in turn, will decide whether EQT must move meaningfully on price or let the offer lapse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 EQT has raised its tender offer for Kakaku.com, operator of the Tabelog restaurant review site, by one yen to \u00a53,682 per share and pushed the offer deadline back to O\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/10\/2026\/eqt-raised-its-kakaku-com-tender-offer-for-a-sixth-time-and-extended-the-deadline-to-october-28.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[7370,8083,16584,357,16874,16877,16876,16875,16554,16852],"class_list":["post-92252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-bain-capital","tag-bidding-war","tag-eqt","tag-japan","tag-kakaku-com","tag-kddi","tag-ly-corporation","tag-tabelog","tag-take-private","tag-tender-offer"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92252"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92251"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}