Business One Holdings, Inc. cancelled the acquisition of 3-569, 570, Hakata-ku, Fukuoka-shi, Fukuoka.
October 17, 2014 at 12:00 am EDT
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Business One Holdings, Inc. (FKSE:4827) agreed to acquire 3-569, 570, Hakata-ku, Fukuoka-shi, Fukuoka for ¥450 million on October 17, 2013. Board of directors of Business One Holdings made a resolution in favor of the transaction on October 17, 2013. The transaction is expected to close on October 31, 2013.
Business One Holdings, Inc. (FKSE:4827) cancelled the acquisition of 3-569, 570, Hakata-ku, Fukuoka-shi, Fukuoka on October 17, 2014.
Business One Holdings Inc is a Japan-based company mainly engaged in the real estate business, apartment management business, rental business, furniture and home appliances rental business, software business, and finance business. It operates through six segments. The Real Estate segment is engaged in real estate purchase and resale, real estate brokerage, renovation, and bidding on auction properties. The Apartment Management segment is engaged in the management of condominiums for sale. The Rental segment is engaged in the rental income business from rental properties owned by the Company Group and the rental brokerage business. The Furniture and Home Appliances Rental segment is engaged in the rental business of furniture and home appliances. The Software segment is engaged in the planning, development, sales, and maintenance of business package software. The Finance segment is engaged in the lending business of real estate secured loans to corporations.