NH Foods Ltd. (TSE:2282) agreed to acquire 8.9% stake in AXYZ Co., Ltd. (JASDAQ:1381) on February 23, 2018. The contract signing is expected to take place on February 23, 2018. As per the terms of deal NH Foods Ltd. will acquire 0.5 million shares.

The transaction has been resolved by the Board of AXYZ Co., Ltd.