Beautyplus Holdings Hongkong Limited agreed to acquire 15% stake in BB Laboratories Incorporated from Soiken Holdings Inc. (TSE:2385) for ¥120 million on May 27, 2015. Beautyplus Holdings will acquire 150 shares of BB Laboratories for ¥800,000 per share. On completion, Beautyplus Holdings Hongkong Limited will own 15% stake and Soiken Holdings Inc. will own 85% stake in BB Laboratories Incorporated.
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- Beautyplus Holdings Hongkong Limited agreed to acquire 15% stake in BB Laboratories Incorporated from Soiken Holdings Inc. for ¥120 million.