Sunwood Corporation (JASDAQ:8903) agreed to acquire additional 8% stake in Wilson Learning Worldwide Inc (JASDAQ:9610) from Nikkei Inc. on May 14, 2018. As per terms, 0.41 million shares will be acquired. Upon completion of the transaction, Nikkei Inc. will hold 0.36 million shares or 7% stake and Sunwood Corporation will hold 0.75 million shares or 14.5% stake in Wilson Learning Worldwide Inc. The Board of Directors of Wilson Learning Worldwide Inc resolved the deal on May 14, 2018. The deal is expected to close on May 28, 2018.

Sunwood Corporation (JASDAQ:8903) completed the acquisition of 8% stake in Wilson Learning Worldwide Inc (JASDAQ:9610) from Nikkei Inc. on May 28, 2018.