Isetan Mitsukoshi Ltd. agreed to acquire 47.27% stake in Isetan (Singapore) Limited (SGX:I15) for approximately SGD140 million on April 1, 2024. the transaction is expected to close in Early August to mid August 2024. Nomura Singapore Limited is the financial adviser to the Isetan Mitsukoshi Ltd. in connection with the Acquisition.

SAC Capital Private Limited acted as financial advisor to Isetan (Singapore) Limited (SGX:I15).