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4626 — Taiyo Holdings News Story

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KKR intends to privatise Japan's Taiyo Holdings with $3.3 billion tender offer

March 31 (Reuters) - Global investment firm KKR KKR.N said on Tuesday that an entity owned by its investment funds seeks to make a tender offer to buy all shares of Japanese chemical manufacturer Taiyo Holdings 4626.T for 528.56 billion yen ($3.33 billion).

KKR is offering 4,750 yen per Taiyo share, a 4.7% discount to the company's last closing price.

($1 = 158.9500 yen)

 (Reporting by Nichiket Sunil in Bengaluru; Editing by Shailesh Kuber)

 ((Nichiket.Sunil@thomsonreuters.com;))

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