Gakken Holdings Co., Ltd. (TSE:9470) agreed to acquire 3.5% in Kawai Musical Instruments Manufacturing Co., Ltd. (TSE:7952) for ¥600 million on July 31, 2015. Under the terms of the deal, Gakken Holdings Co will acquire approximately 0.29 million shares. In a related transaction, Kawai Musical agreed to acquire 2.5 million shares in Gakken Holdings Co., Ltd.
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5-day change | 1st Jan Change | ||
3,145 JPY | -1.87% | -6.12% | -11.66% |
1st Jan change | Capi. | |
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-11.66% | 178M | |
-26.17% | 819M | |
-9.42% | 707M | |
-42.95% | 153M | |
+11.01% | 67.17M |
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- Gakken Holdings Co., Ltd. agreed to acquire 3.5% in Kawai Musical Instruments Manufacturing Co., Ltd. for ¥600 million.