NTT Urban Development Corporation (TSE:8933) agreed to acquire 4.01% stake in Hiramatsu Inc. (TSE:2764) from Hirotoshi Hiramatsu for approximately ¥980 million on November 4, 2015. NTT Urban will acquire 1.5 million shares at ¥653.50 per share. The transaction is expected to close by November 6, 2015. NTT Urban Development Corporation (TSE:8933) cancelled the acquisition of 4.01% stake in Hiramatsu Inc. (TSE:2764) from Hirotoshi Hiramatsu on November 4, 2016.