Freesia Macross Corporation (TSE:6343) and Picoi Co., Ltd. agreed to acquire Sekiyu Sakusei Machine Production Co., Ltd. for approximately CNY 130 million on October 15, 2014. Freesia Macross Corporation will acquire 1 share and Picoi Co., Ltd. will acquire 199 shares under the transaction. In a related transaction, Freesia Macross Corporation (TSE:6343) and Picoi Co., Ltd. agreed to acquire Sekisaku Co., Ltd. The Board of Freesia Macross Corporation resolved for the transaction.
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- Freesia Macross Corporation and Picoi Co., Ltd. agreed to acquire Sekiyu Sakusei Machine Production Co., Ltd. for approximately CNY 130 million.