LIXIL Corporation signed a contract to acquire an additional 8.08% stake in Sanyo Homes Corporation (TSE:1420) from Secom Co. Ltd. (TSE:9735) for ¥800 million on October 1, 2013. LIXIL Corporation is acquiring 1 million shares of Sanyo Homes Corporation representing 8.08% stake at ¥800 per share. Post transaction will hold 25.06% stake. Post transaction, Secom Co. Ltd. will hold 8.08% stake in Sanyo Homes Corporation.


LIXIL Corporation completed the acquisition of an additional 8.08% stake in Sanyo Homes Corporation (TSE:1420) from Secom Co. Ltd. (TSE:9735) on October 4, 2013.