Takara Holdings Inc. (TSE:2531) proposed to acquire remaining 39.09% stake in Takara Bio Inc. (TSE:4974) from group of shareholders for ¥54.1 billion on February 13, 2026. Under the terms of the acquisition, Takara Holdings Inc. will pay ¥1150 in cash per share. The tender offer will commence on February 16, 2026 and will close on April 6, 2026. Upon completion of the Tender Offer, if Takara Holdings Inc holds in aggregate of 90% or more, squeeze-out procedure will be launched. Upon completion, Takara Holdings Inc. will own 100% stake in Takara Bio Inc and shares will be delisted from the Prime Market of the TSE.

The transaction is subject to minimum tender and approval by the shareholders of Takara Bio Inc. The expected completion of the transaction is April 6, 2026.

Takara Holdings Inc. (TSE:2531) completed the acquisition of remaining 26.35% stake in Takara Bio Inc. (TSE:4974) from group of shareholders for ¥36.4 billion on April 6, 2026.