Anabuki Kosan Inc. (TSE:8928) made an offer to acquire remaining 42.8% stake in Crie Anabuki Inc. (JASDAQ:4336) for approximately ¥900 million on December 10, 2021. Offeror will acquire 0.988955 million shares of Crie Anabuki Inc. at a price of ¥910 per share. Through the Offer, Offeror intends to make Crie Anabuki Inc. a wholly owned subsidiary and Crie Anabuki Inc. shares will be delisted. Offer is subject to minimum acceptance of 0.2181 million shares. Crie Anabuki Inc. has set up a special committee consisting of three members, Outside Audit & Supervisory Board Member of the Company on October 12, 2021. Haruo Yanase who has been notified to the Tokyo Stock Exchange as an independent officer and Mieko Kuwashima in addition, Hidetaka Nishina (lawyer, Nakamura, Tsunoda & Matsumoto) who is an outside expert.

Offer will open on December 13, 2021 and will close on January 28, 2022. MUFG Bank, Ltd. acted as financial advisor and Oh-Ebashi LPC & Partners acted as legal advisor to Anabuki Kosan Inc. Anderson Mori & Tomotsune LPC acted as legal advisor and YAMADA Business Consulting Co.,Ltd. acted as financial advisor to Crie Anabuki Inc.

Anabuki Kosan Inc. (TSE:8928) completed the acquisition of a 40.7% stake in Crie Anabuki Inc. for approximately ¥900 million on March 28, 2022.