Kamgras 1 Raises Kakaku.com Tender Price to 3,681 Yen
The one-yen raise and the extension to October 14 leave Kakaku.com shareholders deciding while two bidders remain apart on price and no tender agreement has been reached.
Reporting from 1 source: GameBusiness.jp.
Kamgras 1 raised its Kakaku.com tender offer price from 3,680 yen to 3,681 yen per share on September 29, 2026, and extended the offer period to October 14. The offer has now run 105 business days since starting May 13. Rival bidder BCPE Blitz Cayman, L.P. continues a competing proposal, and Kamgras 1 says discussions with shareholder Oasis are ongoing.
Kamgras 1 started at 3,571 yen and has raised the price in stages since August 27. The rival bidder, BCPE Blitz Cayman, L.P., announced on September 16 that it planned a tender offer at 3,597 yen, below Kamgras 1's 3,680 yen at that point. Kamgras 1 argues the bidder's condition of board approval and recommendation cannot be met under the tender offer contract unless the bidder's price matches or exceeds Kamgras 1's, and calls the pre-announced offer hard to view as sincere. The bidder's conditional price tied to a non-tender agreement with KDDI rose to 3,720 yen, still below the 3,755 yen Kamgras 1 says KDDI requires.
Synthesized by Yomimono from the 1 cited source below, including Japanese-language reporting where cited, then editorially reviewed before publishing.
Sources
- GameBusiness.jp カカクコムTOB、Kamgras１が買付価格を3,681円に再引き上げ―対抗提案者との攻防続く