Key Developments: Nihon Eslead Corp (8877.T)

8877.T on Tokyo Stock Exchange

27 Feb 2015
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Latest Key Developments (Source: Significant Developments)

NIHON ESLEAD CORP Announces Outcome of Takeover Bid Launched by MORI TRUST CO., LTD.
Monday, 11 Mar 2013 10:30pm EDT 

NIHON ESLEAD CORP announced that the takeover bid launched by MORI TRUST CO., LTD. has been completed on March 11, 2013. MORI TRUST acquired 3,289,289 shares of the Company at the price of JPY 1,000 per share during the period from January 28, 2013 to March 11, 2013. As a result, MORI TRUST will become the parent company of the Company with 53.72% voting rights, up from 32.40%, effective March 15, 2013.  Full Article

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