Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis · 2026-05-14T01:50:40.000Z
TOKYO, May 14 (Reuters) - SoftBank's LY Corp said on Thursday it and Bain Capital have lifted their bid for Kakaku.com, valuing the price comparison website operator at $4 billion and above a rival offer from Swedish investment firm EQT. Describing Kakaku's businesses as having "extremely high strategic value" given the rise of generative artificial intelligence, LY, which owns the Line messaging app and Yahoo Japan, said they were now offering 3,232 yen per share in an all-cash deal. That is 7.7% higher than their earlier bid of 3,000 yen per share. A tender offer launched on Wednesday by EQT that aims to take the business private and which has the unanimous backing of Kakaku's board also values the company at 3,000 yen per share. EQT said it remains confident in the attractiveness o
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