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Idemitsu Kosan Co Ltd (5019.T)

5019.T on Tokyo Stock Exchange

2,091JPY
1 Jul 2016
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Wed, Jun 29 2016

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Japan's Idemitsu denies report to dilute founding family stake

TOKYO Japanese oil refiner Idemitsu Kosan Co denied it plans to issue new shares to dilute its founding family's one-third ownership, after the family issued a threat to derail a $4 billion takeover of rival Showa Shell.

UPDATE 2-Japan's Idemitsu denies report to dilute founding family stake

* Idemitsu shares slump after founding family intervention (Recasts with Idemitsu's denial, adds detail)

Idemitsu: Not considering issuing new shares in third-party allotment

TOKYO Idemitsu Kosan Co said on Wednesday it was not considering issuing new shares in a third-party allotment, denying a Kyodo News report that said the move was aimed at diluting the founding family's ownership.

Idemitsu: Not considering issuing new shares in third-party allotment

TOKYO, June 29 Idemitsu Kosan Co said on Wednesday it was not considering issuing new shares in a third-party allotment, denying a Kyodo News report that said the move was aimed at diluting the founding family's ownership.

Nikkei bounces as yen rally pauses, Idemitsu Kosan tumbles

TOKYO, June 29 Japanese stocks rose on Wednesday morning thanks to a modest recovery in global equities following the Brexit rout, while a pause in yen buying also soothed market sentiment.

Idemitsu Kosan's founding family opposes Showa Shell takeover

TOKYO The founding family of Idemitsu Kosan Co is opposed to the Japanese refiner's planned takeover of smaller rival Showa Shell Sekiyu , Idemitsu said on Tuesday, but added that both firms would continue with plans to merge next April.

UPDATE 1-Idemitsu Kosan's founding family opposes Showa Shell takeover

TOKYO, June 28 The founding family of Idemitsu Kosan Co is opposed to the Japanese refiner's planned takeover of smaller rival Showa Shell Sekiyu, Idemitsu said on Tuesday, but added that both firms would continue with plans to merge next April.

Japan's Idemitsu Kosan, Showa Shell to merge on April 1

TOKYO, June 17 Japanese refiner Idemitsu Kosan Co and smaller rival Showa Shell Sekiyu will merge on April 1 next year, the two companies said on Friday.

Idemitsu, AltaGas suspend LNG project in Canada

TOKYO Japanese oil refiner Idemitsu Kosan Co said on Tuesday its joint venture with Canada's AltaGas would suspend a liquefied natural gas (LNG) project in Canada for the foreseeable future due to low energy prices.

UPDATE 1-Idemitsu, AltaGas suspend LNG project in Canada

TOKYO, May 10 Japanese oil refiner Idemitsu Kosan Co said on Tuesday its joint venture with Canada's AltaGas would suspend a liquefied natural gas (LNG) project in Canada for the foreseeable future due to low energy prices.

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