MaxValu Hokkaido Co., Ltd. (JASDAQ:7465) signed a basic agreement to acquire supermarket business of Ichimaru Company, K.K. on May 25, 2015. MaxValu Hokkaido Co., Ltd. (JASDAQ:7465) signed an agreement to acquire supermarket business of Ichimaru Company, K.K. on August 21, 2015. The business reported sales of ¥9.39 billion for the period ending February 2015. As of June 30, 2015, the business reported total assets of ¥2.36 billion. The Board of Directors of MaxValu Hokkaido passed a resolution for the transaction on August 21, 2015. The deal is expected to be completed by October 1, 2015. MaxValu Hokkaido Co., Ltd. (JASDAQ:7465) cancelled the acquisition of supermarket business of Ichimaru Company, K.K. on May 25, 2016.