Premium Water Holdings,Inc. completed acquisition of an additional 22.91% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu and Akizuki Soken.
March 16, 2023
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Premium Water Holdings,Inc. (TSE:2588) agreed to acquire an additional 23.13% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu and Akizuki Soken approximately ¥490 million on February 16, 2023. The purchase price is ¥788 per share. The board of director of Last One Mile Co.,Ltd have resolved the transaction. The tender offer period will be until March 17, 2023. If an opinion statement the report is submitted, the tender offer period will be until April 3, 2023. The transaction is subject to approval of target board. Miura Law Office acted as legal advisor to Premium Water Holdings,Inc.
Premium Water Holdings,Inc. (TSE:2588) completed acquisition of an additional 22.91% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu and Akizuki Soken for approximately ¥480 million on March 17, 2023.
Last One Mile Co Ltd is a Japan-based company mainly engaged in the last mile business. The Company is engaged in the provision of services with high needs such as home delivery and Internet access at the timing of new life and centered on living infrastructure services such as electricity and natural gas. The Company is engaged in the operation of Marutto Change, a new life support platform for the mobile one-stop service. Marutto Change is a service in which the Lifeline Concierge uses a telephone or short message service (SMS) to act on behalf of or guide customers to lifeline and other new life procedures.
Premium Water Holdings,Inc. completed acquisition of an additional 22.91% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu and Akizuki Soken.
LAST ONE MILE CO.,LTD. 
