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Daiwa Securities Group Inc Announces Outcome of Takeover Bid for Shares of Retela Crea Securities Co., Ltd

Tuesday, 5 Mar 2013 02:00am EST 

Daiwa Securities Group Inc announced that it has decided to acquire 5,789,554 shares of Retela Crea Securities Co., Ltd., which is engaged in financial commodity trading business in Tokyo, Japan, at the price of JPY 240 per share through takeover bid during the period from February 4, 2013 to March 4, 2013. As a result, the Company will increase its voting rights in Retela Crea from a 10.08% stake to a 56.10% stake. The payment will be conducted on March 13, 2013. 

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4.9 +0.64%
24 Oct 2014