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eBASE to Acquire 75% Stake in Retail POS Data Service Provider

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-- eBASE (TYO:3835) will acquire a 75% stake in KSP-SP to expand its data marketing business, according to a Tuesday filing on the Tokyo Stock Exchange.

The company will purchase 3,845 shares for an undisclosed amount.

eBASE aims to combine its product data with KSP-SP's retail point-of-sale data to build an advanced analytics platform and offer higher-value services to manufacturers and retailers, it said.

The deal is set to complete on June 30, the filing said.

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