FilingReader Intelligence

Aica Kogyo to acquire Takarainc, boost functional materials

May 1, 2025 at 12:07 PM UTCBy FilingReader AI

Aica Kogyo (TSE:4206) announced plans to acquire Takarainc. Co., Ltd., positioning it as a subsidiary to enhance its functional materials business. The acquisition, approved by Aica Kogyo's board on May 1, 2025, will likely be executed through a partial share exchange, potentially waiving shareholder approval for Aica Kogyo. A definitive share exchange plan or acquisition contract is expected upon competition law clearance and due diligence.

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

TSE:4206Tokyo Stock Exchange

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