Haseko Corp. cancelled the acquisition of 2-1 and 1-20 Senjuhashido-cho from Nippi Inc..
February 27, 2013 at 11:00 pm EST
Share
Haseko Corp. (TSE:1808) agreed to acquire 2-1 and 1-20 Senjuhashido-cho from Nippi Inc. (JASDAQ:7932) for ¥4.2 billion on May 17, 2012. Nippi Inc. plans to sign the transfer agreement on May 31, 2012. Board of Directors of Nippi Inc. resolved the transaction on May 17, 2012. The transaction is expected to close on August 31, 2012. As part of the transaction, extraordinary gain is expected to be generated for Nippi Inc. of ¥1.75 billion.
Haseko Corp. (TSE:1808) cancelled the acquisition of 2-1 and 1-20 Senjuhashido-cho from Nippi Inc. (JASDAQ:7932) on February 28, 2013.
Nippi,Incorporated is a Japan-based company mainly engaged in the manufacture and sale of collagen products, gelatin products, collagen cosmetics, leather products and health food. The Company has six business segments. The Collagen and Casing segment is engaged in the provision of edible collagen casing products for sausages. The Gelatin Related segment is engaged in the provision of gelatin and peptide products for food, pharmaceutical and industrial. The Cosmetics Related segment is engaged in the provision of collagen cosmetics and health food. The Leather Related segment is engaged in the sale of leather products for shoes and bags. The Leasing and Real Estate segment is engaged in the leasing of land, buildings and equipment. The Food and Others segment is engaged in the import and sale of food, fertilizers and others, as well as the provision of chemical products, linkers, bovine spongiform encephalopathy (BSE) test kits, cell culture substrate iMatrix -511 and others.
NIPPI,INCORPORATED 