HASEKO Corporation completed the acquisition of 89.73% stake in Hosoda Corporation from a group of sellers for ¥2.2 billion.
KPMG FAS Co., Ltd. acted as financial advisor and Kitahama Partners acted as legal advisor to HASEKO Corporation. Advanced Business Directions Co., Ltd acted as a third-party appraiser. Atsumi & Sakai acted as legal advisor to Hosoda Corporation. Daiwa Securities Co., Ltd. acted as tender offer agent in the transaction.
HASEKO Corporation (TSE:1808) completed the acquisition of 89.73% stake in Hosoda Corporation (JASDAQ:1906) from a group of sellers for ¥2.2 billion on February 4, 2020. 16.8 million shares were tendered.