04:57 AM EDT, 09/11/2025 (MT Newswires) -- KKR (KKR) said Thursday it has completed its tender offer for Topcon Corp.

The tender offer was made through TK Co., which is owned by funds managed by KKR. TK Co. will acquire over 84.6 million common shares and stock acquisition rights, giving it an 80.3% stake and clearing the level needed to privatize the company and enable a management buyout, the company said.

Settlement is scheduled to begin Sept. 18 and TK Co. intends to obtain the remaining shares via share transfer or share consolidation.

If consolidation proceeds, an extraordinary shareholders' meeting is planned for early November, the company said.