Oasis Urges Kakaku.com to Withdraw Support for EQT’s Buyout Bid

Finance Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Alice French August 19, 2026 at 2:07 AM UTC Kakaku.com Inc. shareholder Oasis Management Co. has asked the company to withdraw its support for EQT AB’s buyout bid on grounds that the offer is too low, escalating a bidding war for the Japanese price comparison site. Activist fund Oasis, which holds a 19.5% stake in Kakaku.com, said it does not intend to tender its stock into EQT’s offer of ¥3,570 per share because the price is below a rival bid from Bain Capital and LY Corp . The Bain-LY consortium’s current offer is ¥3,640 per share, although the bid hinges on securing support from Kakaku investor KDDI Corp .