Yahoo ZOZO stock purchase ended November 14 at 12:40
Yahoo's holding company, Z Holdings, announced that it has completed the purchase of shares of ZOZO, which operates the largest fashion mail order site in Japan, and made it a subsidiary.
Yahoo's holding company, Z Holdings, has agreed to acquire ZOZO in September, and until the 13th, TOB = Tender Offer for ZOZO shares.
The results were announced on the 14th, and Z Holdings acquired 50.1% of ZOZO shares and made it a subsidiary on the 13th. The amount of stock acquisition was over 400.7 billion yen.
In this TOB, the former president of ZOZO who retired from the president at the time of this acquisition, the former president of Tosaku Maezawa, also sold certain shares. % Dropped too much.
Z Holdings has set the goal of aiming to become the top domestic player in the online mail-order field, and it wants to catch up with its rival Amazon and Rakuten by taking in younger users with the acquisition of ZOZO.