OE Holdings Corporation offered to acquire 47.220893% stake in Itec Corporation (TSE:9964) for ¥9.9 billion on September 7, 2022. As per the terms the offer per share is ¥2700. The tender offer will open from September 8, 2022, and will close on October 24, 2022.

OE Holdings Corporation completed the acquisition of 41.148455% stake in Itec Corporation (TSE:9964) for ¥8.6 billion on October 24, 2022.