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All Nippon Airways Co Ltd to Fully Acquire Subsidiaries

Thursday, 31 Jan 2013 01:00am EST 

All Nippon Airways Co Ltd announced that it has decided to fully acquire its subsidiary ANA AIR SERVICE TOKYO CO, LTD. through a stock swap effective March 4, 2013. The Company will also fully acquire its two other subsidiaries ANA TRADING CO., LTD. and New Tokyo Airport Service Co., Ltd. through a stock swap, effective March 5, 2013. For the stock swap, one share of ANA AIR SERVICE TOKYO will be exchanged for 11,556.00 shares of the Company, one share of ANA TRADING will be exchanged for 117.00 shares of the Company, and one share of New Tokyo Airport Service will be exchanged for 32.00 shares of the Company. After the acquisition, the three subsidiaries will become three wholly owned subsidiaries of the Company. 

Company Quote

0.4 +0.16%
23 Oct 2014