Godo Kaisha FO1 completed the acquisition of a 64.99% stake in Revolution Co., Ltd. from Tomodachi Investment LP, Us/Japan Bridge Finance Lp, Evo Fund managed by Evolution Capital Management LLC and Major Lerch LP.
September 24, 2023
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Godo Kaisha FO1 made an offer to acquire a 64.99% stake in Revolution Co., Ltd. (TSE:8894) from Tomodachi Investment LP, Us/Japan Bridge Finance Lp, Evo Fund managed by Evolution Capital Management LLC and Major Lerch LP for ¥6 per share on August 23, 2023. The offer will expire on Monday, September 25, 2023.
Godo Kaisha FO1 completed the acquisition of a 64.99% stake in Revolution Co., Ltd. (TSE:8894) from Tomodachi Investment LP, Us/Japan Bridge Finance Lp, Evo Fund managed by Evolution Capital Management LLC and Major Lerch LP on September 25, 2023. Tomodachi Investment LP sold 16.45% stake representing 106,268,932 shares, Us/Japan Bridge Finance Lp sold 16.45% stake representing 106,295,129 shares, Evo Fund managed by Evolution Capital Management LLC sold 19.76% representing 127,706,527 shares and Major Lerch LP 12.34% stake representing 79,729,412 shares in Revolution. Phillip Securities is the tender offer agent.
REVOLUTION CO.,LTD., formerly HARAKOSAN CO., LTD. is a Japan-based company mainly engaged in the real estate business. The Company operates in two business segments. The Real Estate Sale segment is engaged in the sale and sale agency of condominiums, the planning, design and sale of detached houses, as well as the sale and brokerage of real estate. The Real Estate Leasing and Management segment is engaged in the real estate leasing business, the real estate management business and the real estate brokerage business.
Godo Kaisha FO1 completed the acquisition of a 64.99% stake in Revolution Co., Ltd. from Tomodachi Investment LP, Us/Japan Bridge Finance Lp, Evo Fund managed by Evolution Capital Management LLC and Major Lerch LP.