L·TF Co., Ltd agreed to acquire L·TF·PJ Co., Ltd. from Three F Co., Ltd. (TSE:7544) on January 18, 2018. As per the terms of the transaction, 0.0149 common shares of L·TF Co., Ltd will be allocated for every common share of L·TF·PJ Co., Ltd. L·TF Co., Ltd will be the surviving entity in the transaction and L·TF·PJ Co., Ltd. will be dissolved from the transaction effective date. The Board of Directors of Three F Co., Ltd. approved the transaction on January 18, 2018. The transaction needs approval from Three F Co., Ltd.'s shareholders in a meeting to be held in February 14, 2018. The transaction is expected to close on February 28, 2018. L·TF Co., Ltd cancelled the acquisition of L·TF·PJ Co., Ltd. from Three F Co., Ltd. (TSE:7544) on January 18, 2019.