ANA Holdings (TYO:9202) said that its wholly owned subsidiary, All Nippon Airways Trading, has agreed to wholly acquire lifestyle retail brand Akomeya Tokyo from The SAZABY LEAGUE, according to a Tuesday release.
The terms of the acquisition deal were undisclosed.
Akomeya Tokyo operates 38 retail stores, mainly in the Tokyo area, two restaurants and an online store as of Sept. 15, the release said.
The transaction is expected to close by Oct. 30, subject to approval from the Japan Fair Trade Commission.