Tella, Inc. (JASDAQ:2191) agreed to acquire Mini-Insurer Co.,Ltd. from AMR Co., Ltd., EFS European Financial Services AG, Green Capital Co., Ltd., Green Operations Co., Ltd., Advanced Communications Co.,Ltd., TCS Co., Ltd., AJOL Co., Ltd., Nic Co.,Ltd., Takujiro Hamada, Yasuharu Kobayashi, Yoshi Obayashi and Suzuo Matsuda for ¥40 million on August 5, 2014. Tella will acquire 4000 shares in Mini-Insurer. Mini-Insurer Co's trade name is planned to be changed to Tella Small Amount and Short Term Insurance Co., Ltd. on December 1, 2014 following its turning into a consolidated subsidiary. For the period ending March 31, 2014, Mini-Insurer Co.,Ltd. reported total assets of ¥32 million, net assets of ¥26 million and net loss of ¥34 million. The transaction has been approved by the Board of Directors of Tella.

Tella, Inc. (JASDAQ:2191) completed the acquisition of Mini-Insurer Co.,Ltd. from AMR Co., Ltd., EFS European Financial Services AG, Green Capital Co., Ltd., Green Operations Co., Ltd., Advanced Communications Co.,Ltd., TCS Co., Ltd., AJOL Co., Ltd., Nic Co.,Ltd., Takujiro Hamada, Yasuharu Kobayashi, Yoshi Obayashi and Suzuo Matsuda on August 5, 2014.