Integral Corporation completed the acquisition of 88.7% stake in Mamezou Holdings Co.,Ltd. from T.D.I. Co., Ltd., Norio Ogiwara, Information Creative Co., Ltd. and other shareholders for ¥30.5 billion.
March 15, 2020
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Integral Corporation made an offer to acquire Mamezou Holdings Co.,Ltd. (TSE:3756) from T.D.I. Co., Ltd., Norio Ogiwara, Information Creative Co., Ltd. (JASDAQ:4769) and other shareholders for ¥34.4 billion on January 30, 2020. Under the offer, Integral will acquire all the shares of Mamezou for the offer price of ¥1,885 per common share. Post the offer, Mamezou will be going private. T.D.I. Co., Ltd., Norio Ogiwara signed contracts to offer their shares to the tender offer. The board of Mamezou resolved and recommended its shareholders to offer their shares in the tender offer. The transaction is subject to a minimum tender of 12.17 million shares. The tender offer will commence on January 31, 2020 and will complete on March 16, 2020. The funds obtained from the sale of shares by Information Creative will be used as investment funds for future growth, and we will endeavor to increase corporate value.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as financial advisor to Integral Corporation.
Integral Corporation completed the acquisition of 88.7% stake in Mamezou Holdings Co.,Ltd. (TSE:3756) from T.D.I. Co., Ltd., Norio Ogiwara, Information Creative Co., Ltd. (JASDAQ:4769) and other shareholders for ¥30.5 billion on March 16, 2020. During the offer period, Integral Corporation acquired 16.18 million shares.
IC Co Ltd, formerly Information Creative Co Ltd, is a Japan-based company mainly engaged in the provision of comprehensive support in the field of information technology (IT) and information services, including software development, infrastructure design and construction, and system operation. The Company operates through information service segment. The IT Solution division develops software and operates the system. The IT Service division develops, sells, and supports the introduction of in-house packaged software that meets the needs of various industries. The Company provides the ticket management system Ticket for Windows and the ticket Web sales and management system Ticket for LINE Hybrid.
Integral Corporation completed the acquisition of 88.7% stake in Mamezou Holdings Co.,Ltd. from T.D.I. Co., Ltd., Norio Ogiwara, Information Creative Co., Ltd. and other shareholders for ¥30.5 billion.