CRAVIA Inc. (6573) said its board on Oct. 6 approved buying 100,000 shares, or 50.0% of the voting rights, in South Korean entertainment company Redstart ENM Inc. from its representative director Gong Hun-cheul for 50,000 won (¥5,000), making it an equity-method affiliate, and lending it up to 1.5 billion won (about ¥165 million) in working capital.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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