GMO Internet Group (TYO:9449) said its tender offer for shares in Prime Strategy (TYO:5250) was completed on Tuesday, lifting its ownership in the software company to 60%, according to a Wednesday filing on the Tokyo Stock Exchange.
The group bought 2.2 million shares through the offer, which ran from Nov. 26, out of 2.3 million shares tendered. Settlement is scheduled for Dec. 26.