MRT Inc. (TSE:6034) agreed to acquire Medi Art Co., Ltd. for Ñ430 million on December 16, 2022. As part of transaction, MRT Inc. will acquire 620 shares in Medi Art. For the period ended December 31, 2022, Medi Art reported total assets of Ñ286 million, net worth of Ñ118 million, sales of Ñ436 million, operating income of Ñ81 million and net income of Ñ49 million.

The transaction is expected to complete on December 27, 2022.