MRT Inc. (TSE:6034) agreed to acquire Medi Art Co., Ltd. for Ã430 million on December 16, 2022. As part of transaction, MRT Inc. will acquire 620 shares in Medi Art. For the period ended December 31, 2022, Medi Art reported total assets of Ã286 million, net worth of Ã118 million, sales of Ã436 million, operating income of Ã81 million and net income of Ã49 million.
The transaction is expected to complete on December 27, 2022.