Hulic Co., Ltd. (TSE:3003) concluded a share transfer contract to acquire an additional 25% stake in Nippon View Hotel Co., Ltd. (TSE:6097) from MBO Fund No. 3, managed by Mizuho Capital Partners Co. Ltd for ¥5.6 billion on October 28, 2015.

Hulic Co., Ltd. will acquire 2.42 million shares at ¥2300 per share. As a result, Hulic will own 2.53 million shares of View Hotel. The deal is expected to close by November 2, 2015.