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IN BRIEF: Nippon Active Value Fund welcomes tender offer for T&K Toka

22nd Jan 2024 18:18

Nippon Active Value Fund PLC - Japan-focused investment firm - Announces that KK BCJ-74, which is indirectly owned by a fund that receives investment advice from Bain Capital Private Equity LP has launched a tender offer to acquire all of the shares in T&K Toka Co Ltd. As part of this, NAVF agrees to tender its existing holding in T&K Toka in the tender offer as part of the transaction. Says T&K Toka has a bright future under its new ownership.

Current stock price: 165.00 pence

12-month change: up 21%

By Jeremy Cutler, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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