Hulic Co., Ltd. completed the acquisition of remaining 73.2% stake in Nippon View Hotel Co., Ltd. from Nagoya Railroad Co., Ltd., Tachihi Holdings Co., Ltd., Nippon View Hotel Co., Ltd., Employees' Shareholding Association, Resona Bank, Limited, Suntory Liquors Limited and others.
Nippon View Hotel will be delisted from First Section of TSE on August 29, 2019. The transaction is expected to complete on September 1, 2019. Mori Hamada & Matsumoto LPC acted as legal advisor for Hulic. Nakamura, Tsunoda & Matsumoto acted as legal advisor, Frontier Management Inc. (TSE:7038) acted as financial advisor and Grant Thornton Taiyo LLC acted as financial and tax due diligence provider for Nippon View Hotel.
Hulic Co., Ltd. (TSE:3003) completed the acquisition of remaining 73.2% stake in Nippon View Hotel Co., Ltd. (TSE:6097) from Nagoya Railroad Co., Ltd. (TSE:9048), Tachihi Holdings Co., Ltd., Nippon View Hotel Co., Ltd., Employees' Shareholding Association, Resona Bank, Limited, Suntory Liquors Limited and others on August 29, 2019.