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PGM Holdings KK to Acquire Accordia Golf Co.,Ltd. through Takeover Bid


Thursday, 15 Nov 2012 01:00am EST 

PGM Holdings KK announced that it will purchase 524,105 shares of Accordia Golf Co.,Ltd., which is engaged in the operation businesses of golf courses in Tokyo, Japan, at the price of JPY 81,000 per share, through takeover bid during the period from November 16, 2012 to January 17, 2013. If the Company purchased as many as above, the Company will hold a 56.19% stake in Accordia Golf, up from 0%. However, if the Company is not able to purchase at least 209,224 shares of Accordia Golf's stock, Accordia Golf will cancel the purchase of all the shares applied. 

Company Quote

1066.0
0.0 +0.00%
2:00am EDT