Toppan Printing Co., Ltd. (TSE:7911) agreed to acquire 14.43% stake in BELLSYSTEM24 Holdings, Inc. (TSE:6183) from Bain Capital Bellsystem Hong Kong Limited for ¥15 billion on November 30, 2017. After the close of this transaction, Bain Capital Bellsystem Hong Kong Limited will not hold any stake in BELLSYSTEM24 Holdings, Inc. Toppan Printing Co., Ltd. will appoint a Bellsystem24 Board member next spring. The transaction is expected to complete on December 5, 2017.

Toppan Printing Co., Ltd. (TSE:7911) completed the acquisition of 14.43% stake in BELLSYSTEM24 Holdings, Inc. (TSE:6183) from Bain Capital Bellsystem Hong Kong Limited in 2017.