[Strategy] Seibu Real Estate to make e'grand a subsidiary as TOB succeeds

Seibu Real Estate, a subsidiary of Seibu Holdings, announced that its tender offer for Eigland, which operates a real estate regeneration business, had been completed and that Eigland would become a subsidiary.

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The story

The tender offer for Eigland shares conducted by Seibu Real Estate was completed.

The tender offer is being conducted by Seibu Real Estate, a Seibu Holdings subsidiary, and covers Eigland shares.

Eigland operates a real estate regeneration business, and a report on the completion of the tender offer was published in Nikkei Real Estate Market Information.

At a glance

EventThe tender offer was completed, and Eigland will become a subsidiary

CompanySeibu Real Estate is a subsidiary of Seibu Holdings

Company coveredEigland, which operates a real estate regeneration business

Implementing entityThe tender offer is being conducted by Seibu Real Estate

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