Valencia K.K. made an tender offer to acquire 80.7% stake in Uniden Holdings Corporation (TSE:6815) for ¥19.5 billion on June 23, 2022. Under the terms, 4.7 million shares are planned to be purchased, with minimum number of shares to be purchased as 2.1 million shares. ¥4,100 will be paid per common share.

The Board of Directors of Uniden Holdings resolved on March 14, 2022 to establish this special committee. As members of this special committee, Uniden Holdings have appointed Atsushi Shimizu (Certified Accountant, Tax Accountant), an Outside Director, Audit and Supervisory Committee Member and Independent Officer of the Uniden Holdings, Mariko Ohsato, Outside Director, Audit and Supervisory Committee Member and Independent Officer of the Uniden Holdings, Tomomi Nakano (Certified Accountant, Tax Accountant), an Outside Director, Audit and Supervisory Committee Member and Independent Officer of the Company, Toshimi Mizogami (lawyer), an outside director of the Uniden Holdings, an audit and supervisory committee member, and an independent officer. Offer will run from June 24, 2022 to August 8, 2022.

Uniden Holdings has appointed Nagashima Ohno & Tsunematsu as legal advisor and Plutus Consulting Co., Ltd. as a financial advisor and a third-party calculation institution. Aspasio Co. Ltd. acted as financial advisor while Anderson Mori & Tomotsune LPC and Miura & Partners acted as legal advisors for Cornwall, parent of Valencia.

DC Advisory acted as financial advisor to Valencia K.K.