Edia Co., Ltd. (TSE:3935) agreed to acquire TEAM Entertainment Inc. from Akiba Holdings Co., Ltd. (JASDAQ:6840) for ¥72 million on February 15, 2018. The transaction is expected to close on February 20, 2018. During the financial year ended March 2017, TEAM Entertainment Inc. reported net assets of ¥39 million, total assets of ¥198 million, sales of ¥472 million, operating loss of ¥14 million and net loss of ¥28 million.
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- Edia Co., Ltd. agreed to acquire TEAM Entertainment Inc. from Akiba Holdings Co., Ltd. for ¥72 million.