September 29, 2010
- GMO Internet, Inc.
September 29, 2010
Press Release
GMO Internet, Inc.
GMO Internet to Acquire Stake in CLICK Securities
(Click Securities to become subsidiary of GMO Internet)
GMO Internet Group aims to enhance consumer businessTokyo - September 29, 2010 -- In a GMO Internet Board of Directors meeting convened today, it was resolved to acquire shares in CLICK Securities (hereafter “the transaction”) making the company a consolidated subsidiary. The execution of the transaction is subject to the waiting period imposed by Article 10(2) of the Antimonopoly Act and enforced by Japan’s Fair Trade Commission.
Please visit our Investor Relations web site for details regarding the following (URL:http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20100929_e.pdf):
1. Objectives of Share Acquisition
2. About the Relationship between GMO Internet and CLICK Securities
3. CLICK Securities Inc. Overview
4. Outline of Seller
5. Number of Shares to be Acquired, Acquisition Cost, No. of Shares Held Prior to and After Acquisition
6. Schedule
7. Outlook
8. View on the protection of minority equity
Please visit our Investor Relations web site for details regarding the following (URL:http://ir.gmo.jp/en/pdf/irlibrary/disclose_info20100929_e.pdf):
1. Objectives of Share Acquisition
2. About the Relationship between GMO Internet and CLICK Securities
3. CLICK Securities Inc. Overview
4. Outline of Seller
5. Number of Shares to be Acquired, Acquisition Cost, No. of Shares Held Prior to and After Acquisition
6. Schedule
7. Outlook
8. View on the protection of minority equity
Media Inquiries
GMO Internet Group PR
E-mail：[email protected]
About GMO Internet Group
GMO Internet Group, headquartered in Japan, is a leading force in the Internet industry offering one of the most comprehensive ranges of Internet services worldwide. The group holds top domestic market share in domain registration, web hosting, and payment processing and provides a host of other Internet services including global online security services, ecommerce solutions, and Internet advertising to both businesses and individuals. At the centre of the group is GMO Internet, Inc. a company listed on the prestigious first section of the Tokyo Stock Exchange (TSE: 9449).
GMO Internet Inc.
Company Name | GMO Internet Inc. http://www.gmo.jp/en (TSE First Section Code: 9449) |
Location | Cerulean Tower, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JAPAN |
CEO | Masatoshi Kumagai |
Business Description | - Web Infrastructure & Ecommerce -Internet Media |
Capital | 1.27 billion yen |