NTT DOCOMO, INC completed the acquisition of 51% stake in INTAGE HOLDINGS Inc. from Eisai Co., Ltd., Saitama Resona Bank, Ltd., Daiei Real Estate & Development Co., Ltd, Mizuho Bank, Ltd., MUFG Bank, Ltd., Shutoken Leasing Co, Ltd. and others.
October 15, 2023
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NTT DOCOMO, INC made a tender offer to acquire 51% stake in INTAGE HOLDINGS Inc. (TSE:4326) from Eisai Co., Ltd., Saitama Resona Bank, Ltd., Daiei Real Estate & Development Co., Ltd, Mizuho Bank, Ltd., MUFG Bank, Ltd., Shutoken Leasing Co, Ltd. and others for ¥47 billion on September 6, 2023. As part of the tender offer, NTT DOCOMO will acquire 19.621 million shares in INTAGE HOLDINGS at offer price of ¥2,400 per share of common share. NTT DOCOMO holds 100 shares of INTAGE HOLDINGS. NTT DOCOMO intends to make INTAGE HOLDINGS its consolidated subsidiary in the Tender Offer. After the successful completion of the tender offer, the tender offeror plans to dispatch two directors (one director who is not an audit and supervisory committee member and one director who is an audit and supervisory committee member) to INTAGE HOLDINGS, and one director to INTAGE Inc. pursuant to the Capital and Business Alliance Agreement. The transaction is expected to close on October 23, 2023. Nomura Securities Co., Ltd. acted as financial advisor, Mori Hamada & Matsumoto LPC acted as legal advisor and Nomura Securities acted as fairness opinion provider to INTAGE HOLDINGS. Daiwa Securities Co. Ltd. acted as financial advisor and TMI Associates acted s legal advisor to NTT DOCOMO. Masahisa Ikeda of Shearman & Sterling LLP acted as legal advisor to INTAGE HOLDINGS and NTT DOCOMO.
NTT DOCOMO, INC completed the acquisition of 51% stake in INTAGE HOLDINGS Inc. (TSE:4326) from Eisai Co., Ltd., Saitama Resona Bank, Ltd., Daiei Real Estate & Development Co., Ltd, Mizuho Bank, Ltd., MUFG Bank, Ltd., Shutoken Leasing Co, Ltd. and others on October 16, 2023.
INTAGE HOLDINGS Inc., formerly INTAGE Inc., is a provider of marketing research and consulting services. The Market Research and Consulting segment is engaged in marketing research operations, including customer panel research, retail shop panel research and other research activities; customized research services, including Internet research, mail survey, visiting interview survey and qualitative research, as well as the provision of related consulting services. The System Solution segment is engaged in the development and sale of software, the operation of systems and data centers, and the provision of various related consulting services. The Drug Development Support segment is engaged in the contract research organization (CRO) business. As of March 31, 2014, the Company had 24 subsidiaries and one associated company.
NTT DOCOMO, INC completed the acquisition of 51% stake in INTAGE HOLDINGS Inc. from Eisai Co., Ltd., Saitama Resona Bank, Ltd., Daiei Real Estate & Development Co., Ltd, Mizuho Bank, Ltd., MUFG Bank, Ltd., Shutoken Leasing Co, Ltd. and others.