FilingReader Intelligence

Rakus to gain $10m from Kaonavi share sale

March 14, 2025 at 12:00 PM UTCBy FilingReader AI

Rakus Co., Ltd. (TSE:3923) announced it will apply for the tender offer by Keystone Investment Holdings, L.P. for all its common shares of Kaonavi Inc. (Securities Code: 4435). The decision, made during a Board of Directors meeting on March 14, 2025, is expected to result in Rakus recording an extraordinary profit as a gain on the sale of investment securities in the fiscal year ending March 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3923Tokyo Stock Exchange

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