Levi strauss & co. (nyse:levi) completed the acquisition of additional 14.1% stake in levi strauss japan kabushiki kaisha (jasdaq:9836) for ¥1.3 billion.

Levi strauss & co. (nyse:levi) made an offer to acquire remaining 16.3% stake in levi strauss japan kabushiki kaisha (jasdaq:9836) for ¥1.5 billion on october 11, 2019. levi strauss & co. made an offer to acquire remaining 0.94 million shares at ¥1570 per share. the offer period will commence from october 15, 2019 to december 3, 2019. nomura securities co., ltd acted as tender offer agent to levi strauss & co. smbc nikko securities inc. and nagashima ohno & tsunematsu acted as valuator and legal advisor to levi strauss japan kabushiki kaisha respectively. levi strauss & co. (nyse:levi) completed the acquisition of additional 14.1% stake in levi strauss japan kabushiki kaisha (jasdaq:9836) for ¥1.3 billion on december 3, 2019. as per terms, additional 0.8 million shares are acquired. levi strauss & co. now holds 97.8% in levi strauss japan kabushiki kaisha.
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