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NEC Mobiling Ltd Announces Outcome of Takeover Bid Launched by Marubeni Corp's Subsidiary
NEC Mobiling Ltd announced that Marubeni Corp's subsidiary, has acquired 13,001,211 shares of NEC Mobiling, at the price of JPY 5,510 per share, during the period from April 30, 2013 to June 12, 2013. The payment will be conducted on June 19, 2013. As a result, Marubeni Corp's subsidiary will become the top shareholder of NEC Mobiling, holding 130,012 voting rights (89.48%), up from 0 voting right (0%). NEC Corp will no longer hold any voting right in NEC Mobiling, down from 74,100 voting rights (51.00%), effective June 19, 2013.
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