EconomyLINE Yahoo raises bid in battle for Kakaku.com to obtain Tabelog
European investment fund EQT has launched a tender offer for Kakaku.com, which operates services including Tabelog. A consortium formed by LINE Yahoo and US investment fund Bain Capital has entered the contest with a purchase price higher than EQT’s. The increased offer puts EQT’s advance on hold and reveals how seriously the consortium is pursuing Kakaku.com. The contest is linked to the coming AI era, with the giant’s underlying ambition described as obtaining Tabelog. The higher bid is presented as a sign of determination to secure that service in the takeover battle.
LINE Yahoo raises bid in battle for Kakaku.com to obtain Tabelog
Economy