DD Holdings Co., Ltd. (TSE:3073) made an offer to acquire 46.51% stake in SLD Entertainment, Inc. (JASDAQ:3223) for approximately ¥690 million on November 14, 2017. DD Holdings Co., Ltd. will acquire 0.61 million shares of SLD Entertainment, Inc. at ¥1,130 per share. DD Holdings Co., Ltd. will purchase a minimum of 0.58 million shares and a maximum of 0.61 million shares of SLD Entertainment, Inc. The Board of Directors of DD Holdings Co., Ltd. passed a resolution for the transaction on November 14, 2017. The tender offer will open on November 15, 2017 and close on December 13, 2017. TMI Associates acted as the legal advisor to SLD Entertainment, Inc. SMBC Nikko Securities acted as the third party appraiser and tender offer agent in the transaction.

DD Holdings Co., Ltd. (TSE:3073) completed the acquisition of 44.07% stake in SLD Entertainment, Inc. (JASDAQ:3223) for approximately ¥650 million on December 13, 2017. DD Holdings Co., Ltd. acquired 0.58 million shares as part of the transaction.