The President and representative Director of R. T Partners Co., Ltd. cancelled the acquisition of R.T Partners Co., Ltd. from Balnibarbi Co.,Ltd..
April 05, 2019
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The President and representative Director of R. T Partners Co., Ltd. made an offer to acquire R.T Partners Co., Ltd. from Balnibarbi Co.,Ltd. (TSE:3418) for approximately ¥300 million on April 6, 2018. The contract is expected to be concluded on April 6, 2018. Under the terms of transaction, the President and representative Director will acquire 0.03 million shares for ¥297 million. For the year ended July 31, 2018, R.T Partners Co., Ltd. had net assets of ¥296.9 million, total assets of ¥297.3 million, sales of ¥0.03 million, operating loss of ¥0.02 million and net loss of ¥0.17 million. The transaction has been resolved by the Board of Balnibarbi Co.,Ltd. The transaction is expected to be completed by April 30, 2018.
The President and representative Director of R. T Partners Co., Ltd. cancelled the acquisition of R.T Partners Co., Ltd. from Balnibarbi Co.,Ltd. (TSE:3418) on April 6, 2019.
BALNIBARBI Co., Ltd. is a Japan-based company mainly engaged in the operation of restaurants. The Company operates restaurants, cafes, and bars designed and developed by the company, the sweets shop that sells roll cakes, manages restaurants for health-conscious customers represented by athletes, operates Kikusui, a ryokan with a 60-year history, and conducts other businesses such as consulting for planning restaurants and area development.