Sompo Holdings, Inc. (TSE:8630) agreed to acquire the remaining 5.37% stake in Sompo Care Message, Inc. (JASDAQ:2400) for ¥3.8 billion on December 16, 2016. Under the terms of the agreement, Sompo Holdings will acquire all the remaining shares of Message at ¥3,500 per share. Sompo Holdings will fund the purchase from own cash. The Board of Directors of Sompo Care Message have passed a resolution regarding the deal. The transaction is expected to complete on January 19, 2017. Nomura Securities acted as fairness opinion provider and Anderson, Mori & Tomotsune LPC acted as legal advisor to Sompo Holdings and Sompo Care Message. Sompo Holdings, Inc. (TSE:8630) completed the acquisition of remaining 5.37% stake in Sompo Care Message, Inc. (JASDAQ:2400) on January 16, 2017.