European Investor
31 Mar 2026, 19:36
Tokyo, March 31, 2026 — KKR announced plans to privatize Taiyo Holdings through a tender offer supported by the company’s board, major shareholders, and founding family.
The offer, set at JPY 4,750 per share, represents significant premiums to recent average trading prices. KKR has already secured commitments from key shareholders representing about 42% of outstanding shares, including DIC Corporation, Kowa, and Oasis Management.
Taiyo Holdings stated that going private would enable greater focus on long-term growth, particularly in its electronics materials business driven by demand from AI, data centers, and communications infrastructure, while also expanding its pharmaceutical operations.
Following the transaction, the founding family plans to reinvest in the KKR-led entity. The deal remains subject to regulatory approvals and customary conditions before completion.
Business Wire
The offer, set at JPY 4,750 per share, represents significant premiums to recent average trading prices. KKR has already secured commitments from key shareholders representing about 42% of outstanding shares, including DIC Corporation, Kowa, and Oasis Management.
Taiyo Holdings stated that going private would enable greater focus on long-term growth, particularly in its electronics materials business driven by demand from AI, data centers, and communications infrastructure, while also expanding its pharmaceutical operations.
Following the transaction, the founding family plans to reinvest in the KKR-led entity. The deal remains subject to regulatory approvals and customary conditions before completion.
Business Wire