Vert Capital Corporation cancelled the acquisition of Asahi Net International, Inc. from ASAHI Net, Inc..
April 27, 2016
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Vert Capital Corporation agreed to acquire Asahi Net International, Inc. from ASAHI Net, Inc. (TSE:3834) on April 28, 2015. Under the terms of the transaction, ASAHI Net will sell 0.002 million shares of Asahi Net International. KPMG acted as financial advisor for Asahi Net International, Inc.
Vert Capital Corporation cancelled the acquisition of Asahi Net International, Inc. from ASAHI Net, Inc. (TSE:3834) on April 28, 2016.
Asahi Net, Inc. is a Japan-based company mainly engaged in the provision of Internet connection services and Internet related services. The Internet connection service is engaged in the provision of a communication environment that allows interconnection with sites and networks, and various access lines for members to connect Internet. The supported lines include fiber to the home (FTTH), asymmetric digital subscriber line (ADSL), high speed mobile and Internet protocol version 6 (IPv6) roaming services. The Internet related services include value-added connection services such as mail services, security services, Internet protocol (IP) telephone services and fixed IP address services, hosting services such as homepage services and secure hosting services, cloud services such as blog services, educational support services, survey applications and groupware services, as well as broadband video services.
ASAHI NET, INC. 
