Aqualine Ltd. (TSE:6173) agreed to acquire 51% stake in EPARK Rescue,Inc. from EPARK Media Partners Inc. for approximately ¥590 million on March 27, 2020. Post completion, EPARK Rescue will operate as a subsidiary of Aqualine. As of March 27, 2020, EPARK Rescue reported total assets of ¥1.2 billion and net assets of ¥1.1 billion. The resolution date for Board of Aqualine is March 27, 2020. The stock transfer execution date is March 31, 2020. The impact of the deal on Aqualine's consolidated business results for the fiscal year ending February 2021 is currently under scrutiny. The advisory fees paid by Aqualine is ¥8 million. Aqualine Ltd. (TSE:6173) completed the acquisition of 51% stake in EPARK Rescue,Inc. from EPARK Media Partners Inc. in April 2020.