Aeon Co., Ltd. and AEON Financial Service Co., Ltd. acquired 74.9% stake in FeliCa Pocket Marketing from Sony Corporation, Gurunavi, Inc., Dai Nippon Printing Co. Ltd. and Tanseisha Co., Ltd..
April 11, 2014 at 12:00 am EDT
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Aeon Co., Ltd. (TSE:8267) and AEON Financial Service Co., Ltd. (TSE:8570) acquired 74.9% stake in FeliCa Pocket Marketing from Sony Corporation (TSE:6758), Gurunavi, Inc. (TSE:2440), Dai Nippon Printing Co. Ltd. (TSE:7912) and Tanseisha Co., Ltd. (TSE:9743) on March 31, 2014. Under the terms of the purchase, Sony Corporation sold its entire stake of 44.9% stake in FeliCa Pocket Marketing. Aeon Co., Ltd. is acquiring 60% stake and AEON Financial Service Co., Ltd. is acquiring 14.9% stake in FeliCa Pocket Marketing. Gurunavi, Inc. is selling 12.5% stake, Dai Nippon Printing Co. Ltd. is selling 12.5% stake and Tanseisha Co., Ltd. is selling 5% stake in FeliCa Pocket Marketing.
Aeon Co., Ltd. (TSE:8267) completed the acquisition of 74.9% stake in FeliCa Pocket Marketing from Sony Corporation (TSE:6758), Gurunavi, Inc. (TSE:2440), Dai Nippon Printing Co. Ltd. (TSE:7912) and other unknown sellers on March 31, 2014.
Gurunavi, Inc. is an Internet search service provider. The Company provides promotion services of various restaurant information to users through personal computers, mobile phones and smart phones by the operation of Website for restaurant information under the name Gurunavi. It also engages in development of products and sales promotion support services for food producers and food manufacturers. The related business operates a virtual shopping district to sells food on the Internet, delivery site, wedding information site, local information site, Tokyo odekake information site, tourist information site, among others.
Aeon Co., Ltd. and AEON Financial Service Co., Ltd. acquired 74.9% stake in FeliCa Pocket Marketing from Sony Corporation, Gurunavi, Inc., Dai Nippon Printing Co. Ltd. and Tanseisha Co., Ltd..