Port Inc. (TSE:7047) agreed to acquire a 60% stake in Five Line inc. from Hisashi Manabe for ¥540 million on May 12, 2023. The transaction will be financed by disposal of treasury stock and borrowings of ¥340 million from Mizuho Bank, Ltd. The transaction is expected to close on July 3, 2023.
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- Port Inc. agreed to acquire a 60% stake in Five Line inc. from Hisashi Manabe for ¥540 million