Open House Group Initiates Full Acquisition of Pressance Corporation

Open House Group Co., Ltd. has announced a tender offer to acquire all remaining shares of Pressance Corporation, aiming to make it a wholly-owned subsidiary. This strategic acquisition is intended to enhance operational synergies and increase shareholder value. Open House operates in the real estate sector and is listed on the Prime Market of the Tokyo Stock Exchange, with a current market cap of $3.98 billion and a year-to-date price performance of -2.72%.