Bain Capital Plans $340 Million Bid for Rezil at 2,750 Yen Per Share, 30% Premium Backed by Founding Family

Bain Capital is preparing a $340 million offer to acquire Japanese electricity retailer Rezil, according to Nikkei and Reuters Japan. The proposed bid values Rezil at approximately 50 billion yen and is expected to include a tender offer price of 2,750 yen per share, representing about a 30% premium over Rezil's closing price of 2,074 yen per share on the preceding Wednesday. Rezil's founding family, the largest shareholder, is anticipated to support the acquisition. This move aims to take Rezil private through the buyout.