financetom
Business
financetom
/
Business
/
Japan's TopCon says it is exploring options including going private
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Japan's TopCon says it is exploring options including going private
Dec 10, 2024 7:07 PM

TOKYO/NEW YORK, Dec 11 (Reuters) - Japanese eyecare

products maker TopCon ( TOPCF ) is exploring going private among

other measures to raise corporate value, it said in a statement,

following reports that private equity firms were placing bids to

take the firm private.

Private equity firms including KKR & Co ( KKR ) are in a

bidding process to acquire the company, two sources with

knowledge of the matter said. Bloomberg News first reported

about the bids on Tuesday, also naming Swedish investment firm

EQT as a contender.

"We are always considering various measures to enhance our

corporate value, not only the measures mentioned in the report,"

TopCon ( TOPCF ) said in the statement dated Tuesday, adding that nothing

had been decided yet.

KKR declined to comment, while EQT did not immediately

respond to Reuters' request for comment.

TopCon ( TOPCF ) shares rose as much as 23% on Wednesday, giving it a

market cap of around 280 billion yen ($1.85 billion), according

to Reuters calculations based on LSEG data.

($1 = 151.6600 yen)

(Reporting by Anton Bridge in Tokyo and Anirban Sen in New York;

additional reporting by Kane Wu in Hong Kong; Editing by Varun H

K)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cherry Bekaert Set to Acquire Pennsylvania-Based Herbein + Company, Inc.
Cherry Bekaert Set to Acquire Pennsylvania-Based Herbein + Company, Inc.
Oct 8, 2025
RALEIGH, N.C., Oct. 8, 2025 /PRNewswire/ -- Cherry Bekaert (the Firm) is pleased to announce its intent to acquire the business of Herbein + Company, Inc. (Herbein), a CPA advisory firm providing tax, audit, advisor, HR consulting and risk management services in a transaction expected to close later this month. As a Top 100 firm on INSIDE Public Accounting's (IPA) list,...
Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Sets Year-End Target of 5%
Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Sets Year-End Target of 5%
Oct 8, 2025
Company Receives First Revenue Share from letsBONK.fun, Immediately Reinvests into BONK Treasury During Market Downturn SCOTTSDALE, AZ, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. ( SHOT ) today announced that its subsidiary, BONK Holdings LLC, has increased its holdings to over 2.7% of the total circulating supply of BONK. The Company is also setting a new strategic target to...
AlphaTON Capital, Subsidiary Tarus Therapeutics Explore Tokenization of Mesothelioma Drug TT-4 Economics
AlphaTON Capital, Subsidiary Tarus Therapeutics Explore Tokenization of Mesothelioma Drug TT-4 Economics
Oct 8, 2025
08:29 AM EDT, 10/08/2025 (MT Newswires) -- AlphaTON Capital ( ATON ) said Wednesday together with its oncology unit Tarus Therapeutics they have signed a non-binding letter of intent to explore tokenization of economics for mesothelioma program TT-4. AlphaTON, which also operates a strategic Toncoin (TON-USD) treasury, said the initiative could serve as a model for advancing therapeutic development through...
Critical Metals Corp Secures Another 10-Year Tanbreez Offtake Agreement for 15% of Production with Leading U.S. Full-Cycle Rare Earth Processor REalloys Inc
Critical Metals Corp Secures Another 10-Year Tanbreez Offtake Agreement for 15% of Production with Leading U.S. Full-Cycle Rare Earth Processor REalloys Inc
Oct 8, 2025
This Off-take Agreement follows the Recent August 26th Announcement of an Off-take Agreement for 10.0% with the Department of War “DoW” Investee Company Ucore Rare Metals Inc (“Ucore”)This significant and strategic off-take agreement grants REalloys 15.0% from the Company’s Tanbreez near-term production of Heavy & Medium Rare Earth Elements from Southern GreenlandREalloys is a fully integrated producer of magnet materials...
Copyright 2023-2026 - www.financetom.com All Rights Reserved