[Breaking] Life Corporation to make Albis a subsidiary, taking the group to roughly ¥1 trillion in scale

The story

Life Corporation has indicated that it plans to make Albis, a food supermarket operator in the Hokuriku and Chukyo regions, a consolidated subsidiary, and is scheduled to conduct a tender offer for its shares from the 9th through 10 November.

Albis supports the tender offer, and the overall group is reported to be expected to reach a scale of around ¥1 trillion.

At a glance

CompanyLife Corporation will make Hokuriku Albis a consolidated subsidiary

TradingThe tender offer is scheduled to run from the 9th through 10 November

SupportAlbis supports the tender offer

ScaleThe group is expected to reach a scale of around ¥1 trillion

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