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Shinseido Co Ltd Announces Result of Takeover Bid by Wonder Corp
Shinseido Co Ltd announced that Wonder Corp has acquired 17,500,600 shares (49.65% of total shares outstanding) in Shinseido, at JPY 38 per share or JPY 665 million in total, from December 21, 2012 to February 1, 2013. As a result, Shinseido will become a subsidiary of Wonder Corp, effective February 7, 2013.
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