TOKYO, (January 20, 2023)—Evident Corporation (“Evident”) announces the postponement of the transfer of all shares of Evident Corporation from Olympus Corporation (“Olympus”) to K.K. BCJ-66, a special purpose company indirectly owned by funds advised by Bain Capital Private Equity, LP (together with its affiliates, “Bain Capital”).
Reasons for the postponement
The transfer, planned for February, 2023—as announced on December 27, 2022—is subject to certain conditions, including Bain Capital’s receipt of approvals from relevant authorities pursuant to the competition laws and related laws and regulations of Japan and other relevant jurisdictions. However, due to the expectation that additional time will be needed to obtain such approvals in certain countries, Olympus and Bain Capital have decided to postpone the transfer date to March 2023. We will promptly make an announcement regarding any future steps once they have been finalized.
We will update the News section of EvidentScientific.com with any further information related to the transfer of all shares of Evident Corporation from Olympus to Bain Capital.
Link to the Olympus' announcement.
