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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,103JPY
6 Dec 2016
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¥13 (+1.19%)
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Mon, Nov 14 2016

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Japan's Idemitsu to delay Showa Shell stake purchase from Shell

TOKYO Japanese oil refiner Idemitsu Kosan will again delay its planned purchase of Showa Shell Sekiyu shares from Royal Dutch Shell because a review by the Japan Fair Trade Commission is still under way.

UPDATE 3-Japan's Idemitsu to delay Showa Shell stake purchase from Shell

* Postponement latest setback in drawn-out merger attempt (Adds details, comment from news conference)

Idemitsu to again delay purchase of Showa Shell shares from Royal Dutch Shell-Nikkei

TOKYO, Nov 14 Japanese refiner Idemitsu Kosan will again delay its planned purchase of Showa Shell Sekiyu shares from Royal Dutch Shell because a review by the Japan Fair Trade Commission remains ongoing, the Nikkei newspaper said.

Idemitsu says still unable to talk to founding family on Showa Shell takeover

TOKYO Japanese refiner Idemitsu Kosan Co Ltd said on Tuesday it was still unable to talk to its founding family which is opposed to the firm's plans for a takeover of smaller rival Showa Shell Sekiyu .

UPDATE 4-Idemitsu delays full takeover of Showa Shell on founding family opposition

* Idemitsu: no change in plan to buy RDS' stake in Showa Shell

Idemitsu indefinitely delays Showa Shell takeover on founding family opposition

TOKYO Japanese refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu said on Thursday they were delaying a planned integration indefinitely, putting in serious doubt a deal that has been fiercely opposed by the Idemitsu founding family.

Japan's Idemitsu to delay planned purchase of Showa Shell - source

TOKYO, Oct 13 Japanese refiner Idemitsu Kosan Co Ltd is likely to delay its planned acquisition of Showa Shell Sekiyu, a source with direct knowledge of the matter said. The move comes after fierce opposition from the Idemitsu founding family to the acquisition.

UPDATE 4-Idemitsu delays Showa Shell stake purchase as regulatory review not finished

* Showa takeover complicated by spat with Idemitsu family (Adds Shell comment)

UPDATE 1-Japan's Idemitsu defends Showa Shell merger opposed by founding family

* Idemitsu to seek discussions with big shareholders (Adds company comment, context; fixes slug)

Idemitsu family issues fresh call for management to end Showa Shell merger

TOKYO The founding family of Japan's Idemitsu Kosan Co Ltd has made a fresh call on management to give up its plan to merge with rival oil refiner Showa Shell Sekiyu KK.

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