Livedoor Co., Ltd completed the acquisition of CWS Brains, LTD from Koei Tecmo Holdings Co., Ltd..
March 30, 2023
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Livedoor Co., Ltd concluded of the basic agreement to acquire CWS Brains, LTD from Koei Tecmo Holdings Co., Ltd. (TSE:3635) on February 14, 2023. Livedoor will acquire 4,993 shares in CWS Brains. CWS Brains has net assets of ¥298 million and total assets of ¥330 million for fiscal year ended March 2022. The date of the agreement is scheduled by March 31, 2023. The transaction is to be complete by March 31, 2023.
Livedoor Co., Ltd completed the acquisition of CWS Brains, LTD from Koei Tecmo Holdings Co., Ltd. (TSE:3635) on March 31, 2023.
KOEI TECMO HOLDINGS CO., LTD. is a Japan-based company mainly engaged in the entertainment business, the slot and pachinko (SP) business, the amusement facility operation business and the real estate business. The Company has four business segments. The Entertainment segment is engaged in the development and sale of entertainment content products. The SP segment is engaged in the contract development of commercial amusement equipment, as well as the related royalty income business. The Amusement Facility Operation segment is engaged in the operation of game center stores. The Real Estate segment is engaged in the operation and management of real estate. The Company is also engaged in the venture capital business.