ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325 on August 2, 2023. The offer will expire on September 14, 2023 and is subject to minimum shares tendered. Daiwa Capital Markets America Inc. acted as a financial advisor to ITOCHU Corporation.