Ain Holdings Inc. (TSE:9627) agreed to acquire Francfranc Corporation from Seven & i Holdings Co., Ltd. (TSE:3382), Japan Growth Investments Alliance, Inc. and BLUE WEDGE LIMITED for ¥49.98 billion on July 3, 2024. As part of acquisition, 47,987 shares will be acquired. Ain Holdings board approved the deal.

The transaction is expected to complete on August 20, 2024.