Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo), as detailed in our communication on July 3, 2013 (“Rengo Acquires Shares to Make MARSOL HOLDINGS a Subsidiary”), has been advancing preparations for share acquisition subsequent to entering into the share transfer agreement with WP1 Investment Limited Partnership (“WP Fund”) managed by WISE PARTNERS, INC., and the other shareholder on July 3 to acquire all common shares (112,320 shares) in MARSOL HOLDINGS. Co., Ltd., which were held by WP Fund and the other shareholder.
Rengo can now advise that authorization has been granted by the Japan Fair Trade Commission under the Antimonopoly Act, and the share acquisition was completed according to plan on July 26, 2013.