Keisei Electric Railway Co., Ltd. (TSE:9009) agreed to acquire remaining 43.54% stake in Kanto Railway Co., Ltd. on June 13, 2024. Upon completion, Keisei Electric Railway Co., Ltd. will own 100% stake in Kanto Railway Co., Ltd. Under the terms, Keisei Electric Railway will issue 0.133 shares for every Kanto Railway share. The expected completion of the transaction is September 1, 2024 and is subject to approval of Keisei Electric's shareholders.