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Kanematsu Electronics, Ltd Completes Takeover Bid for Shares of Nippon Office Systems Ltd


Tuesday, 20 Nov 2012 08:00pm EST 

Kanematsu Electronics, Ltd announced that it has completed the takeover bid for shares of Nippon Office Systems Ltd on November 20, 2012. Kanematsu Electronics acquired 525,496 shares of Nippon Office Systems at the price of JPY 1,350 per share through the takeover bid during the period from October 24, 2012 to November 20, 2012. As a result, Kanematsu Electronics will hold 51.00% voting rights in Nippon Office Systems and Nippon Office Systems will become a subsidiary of Kanematsu Electronics, effective November 28, 2012. 

Company Quote

1270.0
5.0 +0.40%
22 May 2013