MCJ Co., Ltd.
Notice Regarding the Commencement of Tender Offer for Common Shares of MCJ Corporation (Securities Code: 6670) by BCP Meta Cayman LP
BCP Meta Cayman LP has commenced a tender offer for 94,507,941 common shares of MCJ Corporation at 2,200 yen per share. The purchase period is from February 6, 2026 to March 24, 2026.
Key Figures
- Tender Offer Price: 2,200 yen per common share
- Number of Shares Planned for Purchase: 94,507,941 shares (minimum 62,785,300 shares)
- Tender Offer Period: February 6, 2026 to March 24, 2026 (30 business days)
AI要約
Overview of the Tender Offer
BCP Meta Cayman LP will conduct a tender offer for 94,507,941 common shares of MCJ Corporation at 2,200 yen per share during the period from February 6, 2026 to March 24, 2026. The minimum number of shares to be purchased is 62,785,300 shares (ownership ratio of 66.43%), and if this threshold is not met, the purchase will not proceed. The offeror is an investment fund of Bain Capital, and aims for privatization through a management buyout (MBO), involving cooperation with Chairman and Representative Director Yuji Takashima.
Post-Tender Offer Policy and Delisting Prospect
Even if the minimum purchase number is not met upon completion of the tender offer, procedures such as squeeze-out through share transfer requests and share consolidation will be conducted to ultimately ensure that only the offeror remains as a shareholder. Consequently, delisting from the Tokyo Stock Exchange Standard Market is expected, and trading of shares on the market will not be possible after delisting. Financing up to 150 billion yen through bank loans is planned for the settlement of the tender offer funds.
