Being Co., Ltd. (JASDAQ:4734) signed a contract to acquire 93.72% stake in Luxiar Co., Ltd. for approximately ¥180 million on April 26, 2019. Being will pay ¥92,270 per share in the transaction. The Board of Directors of Luxiar approved the transaction on May 13, 2019 and Board of Directors of Being approved the transaction on May 14, 2019. Transaction is expected to close on June 4, 2019.