Tsukui Holdings Corporation made an offer to acquire remaining 38.56794% stake in Tsukui Staff Corporation (TSE:7045) for ¥1.1 billion on February 4, 2022. As per the transaction, Tsukui Holdings Corporation will acquire 637,881 shares at ¥1,705 per share. The transaction is approved by board of directors of Tsukui Staff Corporation.

The transaction is expected to complete on March 23, 2022. Daiwa Institute of Research Ltd. acted as financial advisor and Anderson Mori & Tomotsune LPC acted as legal advisor to Tsukui Holdings Corporation. YAMADA Business Consulting Co.,Ltd. acted as financial advisor and TMI Associates acted as legal advisor to Tsukui Staff Corporation.