KKR, Taiyo agree to privatization; KKR enters into agreements with DIC, Kowa
KKR (KKR) and Taiyo Holdings announced that KJ005 Co., Ltd., an entity owned by investment funds managed by KKR, intends to make a tender offer to acquire all the common shares of Taiyo Holdings. Taiyo Holdings’ Board of Directors has resolved to support the Tender Offer. In addition, DIC Corporation, Taiyo Holdings’ largest shareholder, Kowa Co., Ltd., an asset management company affiliated with Taiyo Holdings’ founding family, and funds managed by Oasis Management Company Ltd. have each entered into agre ...