Report title: Rakuten Inc acquires bitWallet Inc from Daiichikosho Co Ltd (pending)
from Thomson Financial Mergers & Acquisitions
published Nov 05, 2009

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JAPAN - Rakuten Inc agreed to acquire an undisclosed majority interest in bitWallet Inc, a Shinagawa, Tokyo-based provider of electronic money services, for an estimated value of JPY # bil (USD ##.### mil).

Acquirer: Rakuten Inc
Acquirer Business Discription: Pvd ecommerce ret svcs
Acquirer SIC Code: 5961 - Catalog and mail-order houses
Target Name: bitWallet Inc
Target Business Description: Pvd electronic money svcs
Target Ultimate Parent: Daiichikosho Co Ltd
Target SIC Code: 7389 - Business services, nec
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