LTS, Inc. (TSE:6560) made an offer to acquire HCS Holdings Co.,Ltd. (TSE:4200) from BIPROGY Inc. (TSE:8056),Toyo Tatemono Co., Ltd., Kinden Corporation, Kimi Miyamoto and others for ¥5 billion on August 31, 2023. The offer will close on October 16, 2023. YAMADA Business Consulting Co.,Ltd. acted as financial advisor and TMI Associates acted as legal advisors to LTS. As of September 22, 2023, the tender offer period began.

LTS, Inc. (TSE:6560) completed the acquisition of HCS Holdings Co.,Ltd. (TSE:4200) from BIPROGY Inc. (TSE:8056),Toyo Tatemono Co., Ltd., Kinden Corporation, Kimi Miyamoto and others on October 16, 2023.