Rakuten, Inc. (JASDAQ:4755) agreed to acquire 15% stake in Ecohai Co.,Ltd. on March 8, 2013.

Rakuten, Inc. (JASDAQ:4755) made an offer to acquire the remaining 67.5% stake in Stylife Corporation (JASDAQ:3037) from BURNEDEST Japan Limited, Parco Co. Ltd. (TSE:8251) and others for ¥1.1 billion on February 4, 2013. Rakuten, Inc. is also acquiring 379 warrants of Stylife Corporation for ¥1. Rakuten will acquire each share of Stylife Corporation for ¥0.074 million. The offer shall run from February 5, 2013 to March 21, 2013. Pursuant to the transaction, Stylife Corp ... will delist its stock from the Jasdaq market of the Osaka Securities Exchange. As on February 5, 2013, BURNEDEST has decided to sell it 4,108 shares of Stylife in the tender offer. The date of change is scheduled on March 28, 2013. The transaction is expected to have a minimal impact on the results of Samantha Thavasa Japan Limited. As of March 21, 2013, Rakuten, Inc. acquired 0.02 million shares in Stylife Corporation. As a result, Rakuten Inc has increased its stake in Stylife Corp from a 31.94% stake to a 93.23% stake. Rakuten will eventually turn Stylife into a wholly owned unit, with Stylife set to be delisted from the Osaka Securities Exchange's Jasdaq market. Mizuho Securities Co., Ltd. acted as financial advisor and Nagashima Ohno & Tsunematsu acted as legal advisor to Stylife Corporation. Daiwa Securities Co., Ltd. acted as financial advisor and Uryu & Itoga acted as legal advisor to Rakuten, Inc.
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