Latest news with #TechnoPro Holdings
Wall Street Journal
3 days ago
- Business
- Wall Street Journal
Blackstone Plans to Take Japan's TechnoPro Private
Blackstone plans to take Japanese technology-services provider TechnoPro Holdings 6028 -2.03%decrease; red down pointing triangle private through a tender offer valued at about $3.5 billion, its largest investment ever in Japan. The U.S. asset manager said Wednesday that an entity run by the company would acquire all shares of TechnoPro.
CNA
3 days ago
- Business
- CNA
Blackstone offers to take Japan's TechnoPro private for $3.5 billion
TOKYO :Blackstone said on Wednesday that it will launch a $3.5 billion tender offer for TechnoPro Holdings, the Japanese engineer staffing firm. The world's largest alternative asset manager is offering 507.4 billion yen or 4,870 yen per a share - a 17.4 per cent premium to the share's closing average for the past three months. TechnoPro shares closed down 2 per cent at 4,876 yen. The Nikkei business daily reported the plan late on Tuesday, saying Blackstone would offer a price below 4,900 yen. ($1 = 147.4600 yen)
Yahoo
3 days ago
- Business
- Yahoo
Blackstone to take Japan's TechnoPro private for $3.4 billion
TOKYO (Reuters) -U.S. investment fund Blackstone-led group will launch a 507.4 billion yen ($3.44 billion) tender offer for TechnoPro Holdings at 4,870 yen per share, the Japanese engineer staffing firm said on Wednesday. ($1 = 147.4600 yen) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
3 days ago
- Business
- Reuters
Blackstone to take Japan's TechnoPro private for $3.4 billion
TOKYO, Aug 6 (Reuters) - U.S. investment fund Blackstone-led group (BX.N), opens new tab will launch a 507.4 billion yen ($3.44 billion) tender offer for TechnoPro Holdings (6028.T), opens new tab at 4,870 yen per share, the Japanese engineer staffing firm said on Wednesday. ($1 = 147.4600 yen)
Reuters
4 days ago
- Business
- Reuters
Blackstone to acquire Japan's TechnoPro for about $3.4 bln, Nikkei reports
TOKYO, Aug 5 (Reuters) - Blackstone (BX.N), opens new tab plans to acquire major Japanese engineer staffing firm TechnoPro Holdings (6028.T), opens new tab for about 500 billion yen ($3.39 billion), the Nikkei business daily reported on Tuesday. Blackstone will likely offer just below 4,900 yen for each TechnoPro share in the tender offer it plans to launch soon, according to the report. ($1 = 147.4400 yen)
