Polaris To Sell Some Shares In Ekitan

Polaris Capital Group Co., Ltd., a leading private equity firm, annnounced Polaris sold a portion of the shares(26.2%) in Ekitan & Co. Ltd., a listed traffic-related information provider, to CSI, a listed health-related information provider. Polaris acquired Ekitan in October 2007 via MBO from Toshiba. Ekitan went public in March 2011. Polaris still hold the about 25% share in Ekitan as a major shareholder.