Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) agreed to acquire 2.68% stake in Gakken Holdings Co., Ltd. (TSE:9470) for ¥600 million on July 31, 2015. Under the terms of the deal, Kawai Musical Instruments Co will acquire 2.44 million shares of Gakken Holdings. In a related transaction, Gakken Holdings Co., Ltd. (TSE:9470) agreed to acquire 3.5% stake in Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) for ¥600 million July 31, 2015.
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5-day change | 1st Jan Change | ||
3,140 JPY | +2.95% | -4.99% | -11.80% |
1st Jan change | Capi. | |
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-11.80% | 172M | |
-26.00% | 803M | |
-8.63% | 705M | |
-42.42% | 150M | |
+10.18% | 66.03M |
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- Kawai Musical Instruments Manufacturing Co., Ltd. agreed to acquire 2.68% stake in Gakken Holdings Co., Ltd. for ¥600 million.