Sony Music Entertainment is preparing a bid against private equity funds Blackstone Inc.and KKR & Co. to acquire Japanese e-comics provider Infocom Corp. in a deal estimated to be worth around ¥200 billion ($1.3 billion).
A second round of bidding for Teijin Ltd.’s entire stake in Infocom will be held in May, according to people familiar with the matter, who asked not to be named discussing non-public information.
Sony Group Corp.’s music arm is discussing an offer with Japanese fund Integral Corp. and the suitors are considering acquiring all of Infocom’s shares to take the Mecha Comics ...