Ai Holdings completes Nakayo tender offer, takes majority stake

Ai Holdings Co., Ltd. (TSE:3076) has successfully concluded its tender offer for shares of Nakayoinc (TSE:6715), exceeding the minimum threshold of 2,610,700 shares with a total of 3,465,129 shares tendered. As a result, Ai Holdings is set to become Nakayo's parent company and largest shareholder as of April 9, 2025. The tender offer price was set at JPY 2,550 per share. Following the completion of the transaction, Ai Holdings will hold 85.74% of Nakayo's voting rights, with a total of 3,840,329 shares. Nakayo will also become a specified subsidiary. Ai Holdings intends to make Nakayo a wholly owned subsidiary and delist its stock in the future.