Life Corporation
Notice of Commencement of Public Tender for Albis Co., Ltd.
commencements of Albis public tender to take Albis private. Offer price is 3,780 yen, planned shares to acquire 6,966,769 shares, tender period from 2026/09/09 to 2026/11/10, and ultimately a shareholder composition of 83.38% by the tender offeror and 16.62% by non-applicant agreeing shareholders. After due diligence, final price of 3,780 yen agreed.
Key Figures
- Offer price: 3,780 yen
- Planned shares to acquire: 6,966,769 shares
- Tender period: 2026/9/9〜2026/11/10
AI要約
M&A / TOB overview
Life Corporation has initiated the public tender for Albis shares with the aim of acquiring all targeted shares and taking Albis private. The tender price is finalized at 3,780 yen, and the tender period runs from September 9, 2026 to November 10, 2026, spanning 40 business days. The lower limit for shares to be acquired is 4,171,200 shares, and the final shareholder composition is expected to be 83.38% by the tender offeror and 16.62% by shareholders who have not taken part in the offer (non-applicant agreement shareholders).
Price setting process and fairness assurance
An independent valuation agent, Daiwa Securities, prepared a share value assessment using market price, comparable listed company, and discounted cash flow methods. The tender price was set at 3,780 yen, with a disclosed premium of approximately 51.14% relative to the prior business day's price. An independent committee was established to verify fairness, reasonableness, and procedural fairness.
Life Corporation
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