FilingReader Intelligence
Elan to acquire Classico stake, making it equity-method affiliate
July 17, 2025 at 04:42 PM UTC•By FilingReader AI
Elan Corporation will acquire 407,765 shares of Classico Corporation, increasing its ownership stake to 33.33% of voting rights from the current 13.05%.
The transaction is effective August 5, 2025, and aligns with previous agreements tied to Classico's potential Tokyo Stock Exchange listing. Classico specializes in medical apparel.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:6099•Tokyo Stock Exchange
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