Published by Global Banking & Finance Review®
Posted on April 23, 2026
2 min readLast updated: April 23, 2026
Add as preferred source on Google
Sweden’s EQT is evaluating a potential acquisition of Japan’s Kakaku.com, though it remains at an early stage. The stock jumped about 24%, drawing attention after EQT closed a record-breaking $15.6 billion Asia-specific buyout fund.
By Kane Wu
April 22 (Reuters) - Swedish private capital group EQT is exploring a takeover of Japanese price comparison website operator Kakaku.com, a person with knowledge of the matter told Reuters.
The plan, however, is in preliminary stages and there is no certainty the company will launch a tender offer for Kakaku, said the person, who declined to be named as the information was confidential.
EQT declined to comment.
Bloomberg first reported the news late on Wednesday.
Kakaku said in a statement on Thursday the Bloomberg report was not based on any of its announcements.
"While the Company is continuously exploring various measures to enhance corporate value, including capital policies, no decisions have been made at this time," the Tokyo-based company said.
Kakaku shares surged 24% on the news to close at the upper limit of 2,621 yen apiece, reaching a market cap of about 519 billion Japanese yen ($3.3 billion).
The news of a potential deal follows EQT's announcement earlier this week that it raised $15.6 billion in its latest Asia-focused buyout fund, the region's largest.
The global investment company's Asia Chair Jean Salata told Reuters Japan was the most active part of its current deal pipeline.
Founded in 1997, Kakaku now operates a series of websites including price comparisons, restaurant listings and job searches.
($1 = 159.6500 yen)
(Reporting by Kane Wu in Hong Kong; Additional reporting by Anton Bridge in Tokyo and Chandni Shah in Bengaluru; Editing by Subhranshu Sahu and Emelia Sithole-Matarise)
Swedish private equity group EQT is considering a takeover of Kakaku.com.
Kakaku.com operates price comparison websites, restaurant listings, and job search platforms.
Kakaku.com shares surged 24% to close at 2,621 yen, reaching a market cap of about 519 billion yen.
No, the takeover is in preliminary stages and there is no certainty of a tender offer being launched.
EQT recently raised $15.6 billion in its latest Asia-focused buyout fund, the region's largest.
Explore more articles in the Finance category
