Nomura's Kakaku.com Stake Slips Below 5% as ¥3,000 Buyout Clock Runs to July 16
Nomura's securities and asset-management units cut their combined Kakaku.com holding to 4.29%, clearing Japan's 5% disclosure line, the same day filings detailed how Digital Garage and KDDI plan to sit out a ¥3,000-a-share take-private tender offer and cash out afterward instead.