Index Corporation approved for Civil Rehabilitation Proceedings
Atlus parent company Index Corporation has been approved for Civil Rehabilitation Proceedings by the Tokyo district court. Index will now have four months to find a new sponsor for its business transfer. Things will need to be settled by November 5 of this year.
What exactly will Index be involved with over the next few months? The company will need to field and examine applications from potential sponsors and before the deadline, decide on which external party the business will be moved to.
Investment firm GCA Savvian, acting as financial advisors, will be assisting Index in its search for a sponsor.
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