Iwatani Corporation acquired additional 19.866399% stake in Cosmo Energy Holdings Co., Ltd. from City Index Eleventh Co., Ltd., Minami Aoyama Real Estate Co., Ltd. and Aya Nomura for ¥105.3 billion.
December 30, 2023
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Iwatani Corporation (TSE:8088) acquired additional 19.866399% stake in Cosmo Energy Holdings Co., Ltd. (TSE:5021) from City Index Eleventh Co., Ltd., Minami Aoyama Real Estate Co., Ltd. and Aya Nomura for ¥105.3 billion on December 1, 2023. As part of acquisition, 17,400,525 shares were acquired. Mitsubishi UFJ Morgan Stanley acted as financial advisor to Iwatani Corp.
Iwatani Corporation (TSE:8088) completed the acquisition of additional 19.866399% stake in Cosmo Energy Holdings Co., Ltd. (TSE:5021) from City Index Eleventh Co., Ltd., Minami Aoyama Real Estate Co., Ltd. and Aya Nomura on December 1, 2023.
Cosmo Energy Holdings Co Ltd is a Japan-based company mainly engaged in the development, import, refining, storage and sale of crude oil. The Company operates in three business segments. The Petroleum segment is engaged in the production and sale of volatile oil, naphtha, kerosene, light oil, heavy oil, crude oil, lubricating oil and liquefied petroleum gas. The Petrochemical segment is engaged in the production and sale of petrochemical products such as ethylene, mixed xylene, paraxylene, benzene, toluene, and petrochemical solvents. The Oil Development segment is engaged in the development, production and sale of crude oil. The other business includes construction business, insurance agency business, leasing business, travel business, wind power generation business, real estate sales business, accounting, finance, purchasing, general affairs and human resources-related business.
Iwatani Corporation acquired additional 19.866399% stake in Cosmo Energy Holdings Co., Ltd. from City Index Eleventh Co., Ltd., Minami Aoyama Real Estate Co., Ltd. and Aya Nomura for ¥105.3 billion.
COSMO ENERGY HOLDINGS CO., LTD. 
