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KAGA ELECTRONICS CO LTD to Fully Acquire ADM INC through Stock Swap

Thursday, 20 Dec 2012 01:30am EST 

KAGA ELECTRONICS CO LTD announced that it has decided to fully acquire ADM INC, which is a 51.00%-owned subsidiary of KAGA ELECTRONICS, effective March 15, 2012. Under the agreement, one share of ADM's stock will be exchanged for 0.5 shares of KAGA ELECTRONICS' stock (662,728 shares in total for exchange). As a result, ADM INC will be delisted from Osaka Securities Exchange JASDAQ Market, effective March 12, 2013. 

Company Quote

-2.0 -0.17%
24 Oct 2014