Mikuni Corporation (TSE:7247) agreed to acquire Asahi Air Supply, Inc. from Masataka Kimitsuka and others in cash on August 24, 2015. Under the terms of the deal, Mikuni will acquire 0.03 million shares of Asahi Air Supply, Inc. out of which 0.024 million shares will be acquired on October 1, 2015 and remaining 6000 shares will be acquired on April 1, 2016. Masataka Kimitsuka is selling 78.3% stake and others are selling 21.7% stake in Asahi Air Supply, Inc. As of March 2015, Asahi Air Supply, Inc. reported sales of ¥700 million and total assets of ¥590 million.
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