Levi Strauss & Co. (NYSE:LEVI) made an offer to acquire remaining 14.1% stake in Levi Strauss Japan Kabushiki Kaisha (JASDAQ:9836) for ¥1.5 billion on October 11, 2019. Levi Strauss & Co. made an offer to acquire remaining 0.94 million shares at ¥1570 per share. The offer period will commence from October 15, 2019 to December 3, 2019. Nomura Securities Co., Ltd acted as tender offer agent to Levi Strauss & Co. SMBC Nikko Securities Inc. and Nagashima Ohno & Tsunematsu acted as valuator and legal advisor to Levi Strauss Japan Kabushiki Kaisha respectively.

Levi Strauss & Co. (NYSE:LEVI) completed the acquisition of additional 14.1% stake in Levi Strauss Japan Kabushiki Kaisha (JASDAQ:9836) for ¥1.3 billion on December 3, 2019. As per terms, additional 0.8 million shares are acquired. Levi Strauss & Co. now holds 97.8% in Levi Strauss Japan Kabushiki Kaisha.