Aeon, a major distributor, announced that it will carry out a takeover bid for TOB = shares for Can Do, which operates a 100-yen shop.
We aim to acquire a 51% stake and bring it under our umbrella.
According to the announcement, Aeon has decided to make a takeover bid for TOB = shares for Can Do, which operates a 100-yen shop.
From the 15th to the end of December this year, we will purchase in two parts, aiming to acquire a 51% stake for a total of more than 21 billion yen and bring it under the umbrella.
CAN DO is a major 100-yen shop with more than 1,100 stores nationwide, but Aeon does not have a 100-yen shop, and by bringing CAN DO under its umbrella, it will increase the number of stores opened in shopping centers and improve its ability to attract customers. There is an aim to connect to such things.
On the other hand, although sales of CAN DO are increasing, competition for store openings is intensifying and raw material prices are rising, and by joining Aeon, it is expected to expand store opening opportunities and reduce costs. ..
However, since the listing will be maintained after the takeover bid, CAN DO will leave it to the shareholders to decide whether or not to accept the takeover bid.