NIM Co., Ltd. made an offer to acquire Ihara Science Corporation (TSE:5999) from Nippon Active Value Fund plc (LSE:NAVF) and others on February 8, 2023. The NIM Co., Ltd. made an offer of ¥2980 per share. The transaction is subject to Ihara Science Corporation board approval. As of February 8, 2023 Ihara Science Corporation approved the deal. The offer is expected to expire on March 24, 2023. DC advisory acted as financial advisor to Ihara Science Corporation.

NIM Co., Ltd. completed the acquisition of an 89.13% stake in Ihara Science Corporation (TSE:5999) from Nippon Active Value Fund plc (LSE:NAVF) and others on March 24, 2023. SMBC Nikko Securities Inc. acted as a financial advisor to NIM.