Church & Dwight Japan LLC made an offer to acquire Graphico, Inc. (TSE:4930) for ¥3.8 billion in a tender offer on March 28, 2024. Church & Dwight is paying ¥3,800 per share for consideration. Church & Dwight is also acquiring stock acquisition rights at ¥62,840 per 1st stock acquisition right, ¥46,000 per second stock acquisition right, ¥46,000 per 3rd stock acquisition right, ¥46,000 per 4th stock acquisition right and ¥2,250 per 5th stock acquisition right. Church & Dwight intends to purchase 1,000778 shares of Graphico but the lower limit of purchase is 667200 shares. Graphico selected Takashi Nakaoda, Ryosuke Ikeda, Kengo Maekawa and Junji Kawabuchi for special committee. Graphico will become a wholly-owned subsidiary of Church & Dwight through tender offer. The period for tender offer is April 15, 2024 to May 29, 2024.

Anderson Mori & Tomotsune acted as legal advisor and SBI Securities Co., Ltd. acted as financial advisor to Graphico. Nomura Securities Co., Ltd. acted as tender offer agent to Graphico.