HCMA Alpha Co., Ltd. made an offer to acquire remaining 48.15% of stake in Chic Holdings Inc. (TSE:7365) for ¥4 billion on January 18, 2022. HCMA is paying ¥730 per share. The tender offer period is from January 19, 2022 to March 3, 2022. Chic Holdings has appointed TMI Associates as a legal advisor. HCMA Alpha has appointed Mori Hamada & Matsumoto LPC as a legal advisor.

HCMA Alpha Co., Ltd. completed the acquisition of a 48.15% stake in Chic Holdings Inc. on April 14, 2022.