Yasuhiko I completed the acquisition of an additional 19.09% stake in Favorina Holdings Co.,Ltd. from Hiroyuki Sato, Yuji Eguchi and other shareholders.
June 14, 2013
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Yasuhiko I made a bid to acquire an additional 19.09% stake in Favorina Holdings Co.,Ltd. (TSE:3726) for approximately ¥150 million from Hiroyuki Sato, Yuji Eguchi and other shareholders on May 17, 2013. Favorina Holdings agreed to the tender offer bid on May 17, 2013. Hiroyuki Sato and Yuji Eguchi together hold 18.76% stake in Favorina Holdings. Yasuhiko I is acquiring 1.09 million shares of Favorina Holdings Co.,Ltd representing 19.09% stake and paying ¥135 per share. The tender offer period is from period from May 20, 2013 to June 14, 2013. Favorina Holdings has no plans of delisting.
Yasuhiko I completed the acquisition of an additional 19.09% stake in Favorina Holdings Co.,Ltd. (TSE:3726) from Hiroyuki Sato, Yuji Eguchi and other shareholders on June 14, 2013.
4Cs HD Co Ltd is a Japan-based company mainly engaged in mail order business, wholesale business, retail business, and hygiene consulting business. The Company operates through four segments. The Mail Order Business segment is mainly engaged in mail order sales of cosmetics, health foods, and femcare products. The Wholesale Business segment is mainly engaged in wholesale sales of cosmetics, health foods, and aroma-related products. The Retail Business segment is mainly engaged in retail sales of aromas and miscellaneous goods. The Hygiene Consulting Business segment is mainly engaged in comprehensive hygiene consulting, sales of hygiene-related products, and inspection business. The Company is also engaged in test marketing to determine the feasibility of new businesses.
Yasuhiko I completed the acquisition of an additional 19.09% stake in Favorina Holdings Co.,Ltd. from Hiroyuki Sato, Yuji Eguchi and other shareholders.