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Aeon Co Ltd Announces Outcome of Takeover Bid for Shares of Daiei Inc's Stock

Wednesday, 21 Aug 2013 07:45pm EDT 

Aeon Co Ltd announced that it has completed the offering period (July 25, 2013 to August 21, 2013) of the takeover bid for shares of Daiei Inc's stock. 48,374,739 shares were accepted at the price of JPY 270 per share, for JPY 13,061 million in total. The settlement date will be August 27, 2013. After that, Aeon Co Ltd. will become the top shareholder of Daiei Inc, with voting rights increasing from 19.89% to 44.24%. 

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12.5 +1.13%
19 Sep 2014