Digital Holdings (TYO:2389) will seek shareholder approval for a share consolidation and other corporate amendments, as the Tokyo-based marketing firm prepares to be taken private by Hakuhodo DY (TYO:2433).

The company said its shares are expected to be designated for delisting between Feb. 25 and March 18, with removal from the Tokyo Stock Exchange's Prime Market scheduled for March 19.

Hakuhodo DY, which launched a tender offer in September 2025, held a 51.15% stake as of the settlement date on Dec. 10, 2025, the company said.

Digital Holdings said the changes are part of a transaction to make it a wholly owned subsidiary of Hakuhodo DY, and it has set up an independent special committee to ensure the process is fair.

The extraordinary shareholders' meeting is scheduled for Feb. 25.