FINWIRES · TerminalLIVE
FINWIRES

TYO:4689

26 stories mentioning TYO:4689Updated 1d ago

Every FINWIRES story that references TYO:4689, newest first.

What are analysts saying about TYO:4689?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on TYO:4689?

Asia

Update: Market Chatter: Bain Capital, LY Prepare Binding Bid for Kakaku.com

(Updates to add comment from Kakaku.com and LY Corp.)U.S. investment firm Bain Capital and internet company LY Corp. (TYO:4689) plan to submit a binding bid for comparison shopping website operator Kakaku.com Inc. (TYO:2371), Bloomberg News reported Friday, citing people familiar with the matter.The bid would challenge Swedish private equity firm EQT AB's 3,000 yen-per-share tender offer, which values Kakaku.com at about 595 billion yen, according to the report.Bain Capital and LY are expected to raise their offer above EQT's bid. The two companies previously offered 3,232 yen per share in May. Discussions are ongoing, and no final decision has been made, the report said.Responding to, Kakaku.com said the Bloomberg report was not based on any announcement by the company. LY Corp. declined to comment.Meanwhile, Bain Capital did not immediately reply to' request for comment.Shares of Kakaku.com rose nearly 2%, while those of LY Corp. gained about 4% in Monday morning trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:2371TYO:4689
Asia

Update: Market Chatter: Bain Capital, LY Prepare Binding Bid for Kakaku.com

(Updates to add comment from Kakaku.com)U.S. investment firm Bain Capital and internet company LY Corp. (TYO:4689) plan to submit a binding bid for comparison shopping website operator Kakaku.com Inc. (TYO:2371), Bloomberg News reported Friday, citing people familiar with the matter.The bid would challenge Swedish private equity firm EQT AB's 3,000 yen-per-share tender offer, which values Kakaku.com at about 595 billion yen.Bain Capital and LY Corp. are expected to raise their offer above EQT's bid. The two companies had previously offered 3,232 yen per share in May. Discussions are ongoing, and no final decision has been made, the report said.Kakaku.com, in its response to' request for comment, declined to comment, stating that the report was not based on any announcement by the company.Meanwhile, Bain Capital did not immediately reply to' request for comment.Shares of Kakaku.com rose nearly 2%, while those of LY Corp. gained about 4% in Monday morning trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:2371TYO:4689
Asia

Market Chatter: Bain Capital, LY Prepare Binding Bid for Kakaku.com

U.S. investment firm Bain Capital and internet company LY Corp. (TYO:4689) plan to submit a binding bid for comparison shopping website operator Kakaku.com Inc. (TYO:2371), Bloomberg News reported Friday, citing people familiar with the matter.The bid would challenge Swedish private equity firm EQT AB's 3,000 yen-per-share tender offer, which values Kakaku.com at about 595 billion yen.Bain Capital and LY Corp. are expected to raise their offer above EQT's bid. The two companies had previously offered 3,232 yen per share in May. Discussions are ongoing, and no final decision has been made, the report said.Kakaku.com and Bain Capital did not immediately reply to' request for comment.Shares of Kakaku.com rose nearly 2%, while those of LY Corp. gained about 4% in Monday morning trade.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:2371TYO:4689
Asia

LY Corp.'s Unit Loses Warehouse Dispute, Appeals Against Decisions

Ly Corp's (TYO:4689, SGX:1H8) subsidiary, Ly Furniture, filed an appeal to the High Court of Malaysia after the Johor Bahru Sessions Court made a partial ruling against it in a warehouse dispute against Xin Hwa Trading & Transport.The court has ordered the subsidiary to pay 311,501 ringgit plus interest and costs on a counterclaim filed by Xin Hwa, according to a Wednesday filing with the Singapore Exchange.The court partially allowed LY Furniture's original claim against Xin Hwa for missing inventory and awarded it 100,000 ringgit with 5% annual interest.Meanwhile, Xin Hwa's counterclaim for unpaid warehousing fees was allowed to stand in full, with an accrued interest of 1.5% per month, starting from February 2023.LY Furniture has filed its notice of appeal and is not expecting the case to have a material impact.

SGX:1H8TYO:4689
Asia

LY Corp. Clears Thai Regulatory Hurdle for Line Man Acquisition

LY Corp. (TYO:4689) received notification from Thai authorities on May 14, confirming that no approvals or permits are required for the additional acquisition of shares in Line Man Corp. through its subsidiary.The company had already integrated Line Man as a consolidated subsidiary on September 30, 2025, while awaiting the final conclusion of the cross-border regulatory review. With the statutory clearance now finalized, the Tokyo-based tech firm plans to formally execute and settle the additional share acquisition by August 2026.LY Corp. projects holding over 81 million Line Man Corp. shares, giving them 60.9% of the voting rights, once the transaction is finished.

TYO:4689
Asia

LY Corp. Submits Capital Policy Proposal On Kakaku.com

LY Corp. (TYO:4689) submitted a capital policy proposal regarding Kakaku.com (TYO:2371), jointly with a Bain Capital-advised investment fund, including a possible full acquisition via a cash tender offer, according to a Thursday filing on the Tokyo Stock Exchange.The proposal outlines a possible cash tender offer for all Kakaku.com shares and stock acquisition rights, followed by a squeeze-out process, with a revised indicative price of 3,232 yen per share in the latest version.LY Corp. said Kakaku.com holds strategic value due to its data assets and user traffic, and that integration could support new revenue models and AI-related opportunities.

TYO:2371TYO:4689

Showing 21-26 of 26

Track with the FINWIRES app suite