Sankyo Seiko Co., Ltd. (TSE:8018) agreed to acquire Leonard Fashion Sa on June 23, 2022. Under this deal Sankyo Seiko will acquire 0.68 million shares. As on December, 2021 Leonard Fashion Sa reported Net assets Ç9.18 million, Total assets Ç14.7 million, Sales Ç8.53 million, Net income Ç-0.87 million and Operating income Ç-0.271 million.

The transaction is expected to complete on July 19, 2022.