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YAMAYA CORP announces outcome of takeover bid for shares of Chimney Co Ltd


Friday, 6 Dec 2013 01:30am EST 

YAMAYA CORP and Chimney Co Ltd:Says YAMAYA CORP has acquired 9,500,000 shares of Chimney Co Ltd through a takeover bid offer during the period from Nov. 8 to Dec. 5.Says transaction price is 1,510 yen per share.Says payment due on Dec. 12.Says YAMAYA will become top shareholder of Chimney, holding 50.22 pct of voting power, up from 1.56 pct.Says Carlyle Japan International Partners II, L.P. will become the fourth major shareholder, holding 4.39 pct of voting power, down from 23.39 pct.Says Carlyle Japan Partners II, L.P. will become the fifth major shareholder, holding 4.24 pct of voting power, down from 22.59 pct. 

Company Quote

2163.0
43.0 +2.03%
2:00am EDT