BuySell Technologies (TYO:7685) said its board resolved to acquire all shares of HKS Victory Japan, which operated 20 Kaitori Senmon Tokyo Ichiba reuse purchase stores in Kyushu and the Kanto region in Japan.
The Tokyo-listed company said its board has approved a share transfer agreement to acquire the stake, strengthening its purchase channel by increasing the number of stores in HKS Victory Japan's region of operations.
Shares of the reuse services provider rose nearly 7% in recent trade.