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Market Impact: 0.35

Oasis Urges Kakaku.com to Withdraw Support for EQT’s Buyout Bid

M&A & RestructuringAntitrust & CompetitionCompany FundamentalsInvestor Sentiment & Positioning

Oasis Management has asked Kakaku.com to withdraw support for EQT AB’s buyout bid, arguing the offer is too low, intensifying the bidding war. The development increases deal uncertainty and the likelihood of revised terms as competing bids emerge.

Analysis

Oasis Management has asked Kakaku.com to withdraw support for EQT AB’s buyout bid, arguing the offer is too low, intensifying the bidding war. The development increases deal uncertainty and the likelihood of revised terms as competing bids emerge.

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Market Sentiment

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mildly negative

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KKKUF-0.40

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