Digital Garage, Inc. completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc..
April 31, 2024
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Digital Garage, Inc. (TSE:4819) has reached a basic agreement to acquire 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on December 22, 2023. Resona and Digital Garage plans to discuss separately and reach an agreement on the terms and conditions of such share acquisition. BofA Securities acted as exclusive financial advisor to Resona Holdings.
Digital Garage, Inc. (TSE:4819) completed the acquisition of 20% stake in Resona Kessai Service Co.,Ltd. from Resona Holdings, Inc. (TSE:8308) on April 1, 2024.
Digital Garage, Inc. is a Japan-based company engaged in marketing technology business, financial technology business, incubation technology business and media incubation business. The Company operates in four business segments. The Marketing Technology segment is engaged in the provision of advertisement and promotion utilized Internet technology, as well as the marketing support. The Financial Technology segment is engaged in the design, development and operation of Internet system and ecommerce system. It is also engaged in the sales of software and ecommerce settlement business. The Incubation Technology segment is engaged in the investment and fostering of promising entrepreneurs and start-up companies in Internet business, as well as the development support of software business. The Media Incubation segment is engaged in the new creation and management of media.