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IWATANI CORP to Fully Acquire Subsidiary through Stock Swap


Thursday, 8 Nov 2012 01:00am EST 

IWATANI CORP announced that it has decided to fully acquire a 90.89%-owned subsidiary, IWATANI INDUSTRIAL GASES CORPORATION, through stock swap, effective January 1, 2013. 0.96 shares of the Company's common stock will be exchanged with one share of IWATANI INDUSTRIAL GASES CORPORATION's stock. The Company will use 2,834,088 shares of its common stock for the exchange. 

Company Quote

788.0
9.0 +1.16%
2:00am EDT