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New Deal


Announced

Completed

Orix completed the acquisition of a 91% stake in DHC for $2.19bn.

Synopsis

Orix, a financial services group, completed the acquisition of a 91% stake in DHC, a cosmetics and health foods manufacturer, for $2.19bn. DHC has many years of experience as a major leading cosmetics and health foods manufacturer, and boasts exceptional brand recognition within Japan. The company is widely appreciated by all ages and offers customers a fun shopping experience as they discover their own ‘perfect’ product through both its broad merchandise lineup and various media campaigns. In addition to its directly-owned stores and mail-order sales, DHC products are sold through a variety of channels, including convenience stores and drug stores.

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