Aeon Financial Service halts acquisition of ACS Credit Management

Aeon Financial Service Co., Ltd. announced on December 22, 2025, that its Board of Directors resolved to discontinue the simplified share exchange that would have made its consolidated subsidiary, ACS Credit Management & Collection Co., Ltd., a wholly-owned subsidiary. The transaction was initially disclosed on November 28, 2025, and slated for December 23, 2025.

The decision to halt the share exchange stems from a re-evaluation of the scheme's necessity. Aeon Financial Service stated it is reviewing its business portfolio to achieve further corporate growth by optimally allocating resources to core payment businesses and growth areas overseas. While the share exchange was part of an effort to optimize resource allocation and execute strategic investments, the company ultimately determined that the scheme itself required reconsideration.

Aeon Financial Service confirmed that the discontinuation of this transaction is not expected to have any impact on its consolidated financial results.