August 3, 2017 / 9:18 AM / 2 years ago

BRIEF-Itochu unit and FamilyMart unit to jointly acquire shares of Pocket Card via TOB

Aug 3 (Reuters) - Pocket Card Co Ltd

* Says a Tokyo-based wholly owned unit of Itochu Corp and a wholly owned unit of FamilyMart Co.,Ltd. plan to jointly acquire shares of the co via takeover bid in middle November, at the price of 1,072 yen per share

* Says Itochu and unit plan to raise stake in the co to 46 percent and FamilyMart and unit plan to raise stake in the co to 34 percent

Source text in Japanese: goo.gl/UYpvLG

Further company coverage: (Beijing Headline News)

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