NEXT-O Co., Ltd. made a tender offer to acquire Oliver Corporation (TSE:7959) from Okawa Foundation and others for ¥38.6 billion on June 22, 2021. As a part of the transaction, 10.2 million share will be tendered for ¥3,781 per share. Minimum shares to be tendered as apart of the offer is 6.19 million. Tender offer period will be open by August 5, 2021. Nomura Securities Co., Ltd. acted as a financial adviser and Mizuho Securities Co., Ltd. acted as a transfer agent to Oliver Corporation. As on August 2, the offer period was extended till August 17, 2021.