Shiken Akizuki agreed to acquire additional 5.8% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu for approximately ¥100 million.
July 14, 2022
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Shiken Akizuki agreed to acquire additional 5.8% stake in Last One Mile Co.,Ltd. (TSE : 9252) from Nozomi Shimizu for approximately ¥100 million on July 15, 2022. Shiken Akizuki will pay ¥680 cash per share to acquire additional 154,000 shares of Last One Mile, representing approximately 5.8% stake in it. In a related transaction, Premium Water Holdings,Inc. (TSE:2588) agreed to acquire additional 10.45% stake in Last One Mile Co.,Ltd. from Nozomi Shimizu for ¥190 million on July 15, 2022. Prior to this transaction, Shiken Akizuki owns approximately 5.90% stake in Last One Mile and upon completion, Shiken Akizuki will own approximately 11.60% stake in it. The transaction is expected to close on July 25, 2022.
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.
LAST ONE MILE CO.,LTD. 
