GA technologies Co., Ltd. (TSE:3491) entered into a share transfer agreement to acquire 50.5% Partners Co., Ltd. from Taku Yoshimura on April 15, 2021. GA technologies will pay cash consideration. In a related agreement, GA technologies will acquire 99 shares representing 49.5% stake under share exchange agreement by issuing 0.42 million shares. Post closing of the transactions, GA technologies will own 200 shares of Partners representing 100% stake. The transaction is expected to be completed by May 10, 2021.
GA technologies Co., Ltd. (TSE:3491) completed the acquisition of 50.5% Partners Co., Ltd. from Taku Yoshimura on May 10, 2021.