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Houlihan Lokey to Commence a Tender Offer to Acquire GCA Corporation


Posted August 3rd, 2021 for Houlihan Lokey
Transaction Valued at approximately $591 million
NEW YORK ( ) Houlihan Lokey (NYSE:HLI), the global investment bank, and GCA Corporation (“GCA”) (TSE:2174), today announced that they have entered into a definitive agreement, dated as of August 3, 2021 (local time in Tokyo), under which Houlihan Lokey will commence a tender offer to acquire GCA for a total cash purchase price of approximately ¥65 billion, or approximately $591 million, based on an assumed exchange rate of ¥110 per $1.
Under the terms of the agreement, which has been unanimously approved by the Houlihan Lokey Board of Directors and the GCA Board of Directors, Houlihan Lokey will commence a tender offer in Tokyo on August 4, 2021 to acquire all outstanding shares of GCA for ¥1,380 ($12.55) per share in cash, in addition to all stock options of GCA (priced to net out applicable exercise prices). The purchase price represents a 31.3% premiu ....

United States , Houlihan Lokey , Scott Beiser , Maki Watanabe , Morrison Foerster , Latham Watkins , Mitsubishi Ufj , Daiwa Securities Co Ltd , Transaction Valued , Houlihan Lokey Board , For Client Best Interest , Representative Director , Houlihan Lokey Investor Relations Website , Stanley Securities , Plutus Consulting , Conference Call , Investor Relations , Middle East , ஒன்றுபட்டது மாநிலங்களில் , ஹொலின் லோக்கெய் , ஸ்காட் பீசர் , மோரிசன் போஎர்ஸ்தேற் , லாதம் வாட்கின்ஸ் , மிட்‌ஸ்யூபீஶி உப்ஜு , டைவா பத்திரங்கள் இணை லிமிடெட் , பரிவர்த்தனை மதிப்புடையது ,

No-spectator Olympics produces winners and losers for Japanese stocks


Jul 21, 2021
Tokyo’s delayed Olympics is flipping conventional wisdom on its head, with Japan’s stay-at-home stocks expected to emerge as winners rather than once-favored advertisers, real-estate firms and travel operators.
Thanks to the resurgent pandemic, shares in the likes of fried-chicken chains, food-delivery operators and electronics stores selling TVs are seen as more likely to get a boost from the Games, according to analysts.
Purchases of food and TVs will be expected to increase, as people seek to make the Olympics more fulfilling,” Naoya Kumagai, a strategist from Okasan Securities, wrote in a recent report. Even though the Games will be held in an irregular fashion, it can still provide a tailwind for many companies.” ....

Norihiro Fujito , Naoya Kumagai , Rikako Ikee , Hiroki Kondo , Japan Railway , Gracenote Inc , Holdings Japan Ltd , Toyota Motor Corp , Asics Corp , Dentsu Group Inc , Can Co , Keisei Electric Railway Co , Mizuno Corp , Mitsubishi Ufj , Okasan Securities , Japan Ltd , Topix Index , Dentsu Group , Keisei Electric Railway , Stanley Securities , ஜப்பான் ரயில்வே , கிராசேனோதெ இன்க் , ஹோல்டிங்ஸ் ஜப்பான் லிமிடெட் , டொயோட்டா மோட்டார் கார்ப் , அஸிக்ஸ் கார்ப் , தெந்ட்சு குழு இன்க் ,