February 6, 2024
Notification Regarding Changing Status of MC Subsidiary (Lawson, Inc.) into that of Equity-method Affiliate Company
Mitsubishi Corporation (MC) announces that it has determined to enter into a Master Agreement with KDDI Corporation (KDDI) to implement a tender offer for shares and other securities in Lawson, Inc. (Lawson), which is a MC's consolidated subsidiary, as well as two additional agreements, one being a Shareholders Agreement concerning joint operation of the Lawson Group following completion of the transactions, and the other being an Capital-and-Business-Alliance Agreement with both Lawson and KDDI. The execution of all three agreements has been officially announced by KDDI today.
Details are as attached.
Inquiry RecipientMitsubishi Corporation