EQT and Bain Battle Highlights Japan Buyout Costs

Private equity firms EQT and Bain are locked in a fierce five billion dollar bidding war for Japanese internet company Kakaku.com. The high profile contest demonstrates how takeovers in Japan are becoming increasingly competitive and expensive.

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FILE PHOTO: A view shows EQT AB's logo at the company's office in Tokyo, Japan May 13, 2025. REUTERS/Miho Uranaka/File Photo

EQT AB and LY CORP are locked in a $5 billion takeover battle for KAKAKU.COM INC in Japan's most contested buyout to date.