Showa Shell Sekiyu KK (5002.T)
21 Oct 2016
* Idemitsu: no change in plan to buy RDS' stake in Showa Shell
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.
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.
Sept 7 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:
* Showa takeover complicated by spat with Idemitsu family (Adds Shell comment)
Sept 7 The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:
Sept 7 Britain's FTSE 100 index is seen opening 0.2 percent higher on Wednesday, according to financial bookmakers, with futures trading up 0.25 percent ahead of the cash market open.
Sept 7 Britain's FTSE 100 index is seen opening 0.2 percent higher on Wednesday, according to financial bookmakers. * The UK blue chip index closed down 0.8 percent on Tuesday, as a fall in the shares of Royal Bank of Scotland and its rival Lloyds weighed on the overall market. * ANTOFAGASTA: Chile-based Antofagasta Plc will see about $800 million in capital expenditures in 2017, the chief executive of the London-listed copper miner told journalists on the sidelines of
* Idemitsu to seek discussions with big shareholders (Adds company comment, context; fixes slug)
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.