Blackstone 
BX said on Wednesday that it will launch a $3.5 billion tender offer for TechnoPro Holdings 
6028, 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% premium to the share’s closing average for the past three months.
TechnoPro shares closed down 2% 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)
AloJapan.com