1. LY Corp and Bain Capital Counterbid $4 Billion for Kakaku.com, Threatening EQT's $3.75 Billion Deal for Tabelog Operator
LY Corp, the operator of Japan's dominant Line messaging app and Yahoo Japan web portal, has launched a $4 billion counterbid for Kakaku.com in partnership with private equity firm Bain Capital, directly challenging a pending $3.75 billion offer from EQT. The announcement marks a direct escalation in what is shaping up...