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Favorina Holdings Co Ltd Announces Takeover Bid Proposed by Individual


Friday, 17 May 2013 04:00am EDT 

Favorina Holdings Co Ltd announced that it has agreed on the takeover bid proposed by an individual. The individual intends to acquire 1,089,780 shares of the Company, at the price of JPY 135 per share (JPY 5,302 million in total), during the period from May 20, 2013 to June 14, 2013. If the individual were able to acquire 1,089,780 shares of the Company, the individual will hold a 42.31 % stake in the Company. 

Company Quote

289.0
22.0 +8.24%
1:00am EST