KKR, Bain Capital, others eye Tokyo Electric's capital alliance plan, Asahi reports
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Published on March 18, 2026.
Several international companies, including KKR (KKR.N) and Bain Capital, are showing interest in Tokyo Electric Power's capital alliance plan as part of its business turnaround. The utility company, which began soliciting proposals in February, has asked for concrete offers by the end of March and aims to select a partner by the mid-November. It plans to keep the Japanese government's majority voting stake unchanged but is open to taking the company private.
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