Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) agreed to acquire 2.68% stake in Gakken Holdings Co., Ltd. (TSE:9470) for ¥600 million on July 31, 2015. Under the terms of the deal, Kawai Musical Instruments Co will acquire 2.44 million shares of Gakken Holdings. In a related transaction, Gakken Holdings Co., Ltd. (TSE:9470) agreed to acquire 3.5% stake in Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) for ¥600 million July 31, 2015.
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5-day change | 1st Jan Change | ||
3,360 JPY | +0.30% | -1.61% | -5.62% |
1st Jan change | Capi. | |
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-5.62% | 184M | |
-22.88% | 839M | |
-6.70% | 736M | |
-37.72% | 161M | |
+20.46% | 79.83M |
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- Kawai Musical Instruments Manufacturing Co., Ltd. agreed to acquire 2.68% stake in Gakken Holdings Co., Ltd. for ¥600 million.