SENKO Group Holdings Co., Ltd. (TSE:9069) made an offer to acquire stake in Chuo Kagaku Co., Ltd. (TSE:7895) from Mitsubishi Corporation (TSE:8058) and others for ¥5.2 billion on November 14, 2022. The offer price per share is ¥195. Tender offer will be commenced from November 15, 2022, and will close on December 13, 2022.

PwC Advisory LLC acted as financial advisor and Oh-Ebashi LPC & Partners acted as legal advisor to SENKO Group Holdings Co., Ltd. Houlihan Lokey, Inc. (NYSE:HLI) acted as a financial advisor to Mitsubishi Corporation. Mori Hamada & Matsumoto LPC acted as a legal advisor and Ey Strategy Consulting acted as a financial advisor to Chuo Kagaku Co., Ltd.