Orbis Statement on Proposed Merger Between Tsuruha and Welcia and Proposed Tender Offer by Aeon
Orbis Investments (“Orbis”) is a global investment group founded in 1989. We are a significant investor in Japanese listed companies, and have been a shareholder in Tsuruha Holdings Inc. (“Tsuruha”) since 2000. As at 28 February 20251, funds and mandates managed by Orbis held 9.7% of Tsuruha’s outstanding issued share capital.
