Taiyo Holdings Gets Buyout Proposals From Firms Including KKR
Japanese chemical manufacturer Taiyo Holdings Co. has received acquisition proposals from two companies including US investment firm KKR & Co., according to people familiar with the matter.
In reaction, Taiyo has established a special committee to examine the fairness of the acquisition terms and decide whether to accept them, the people said, asking not to be identified because the matter is private.
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