January 18, 2013 / 6:54 AM / 5 years ago

Mitsubishi Corp to launch $197 million takeover bid for Yonekyu

TOKYO (Reuters) - Trading firm Mitsubishi Corp (8058.T) said on Friday that it will launch a takeover bid for Japanese meat processor Yonekyu Corp 2290.T in a deal worth up to 17.6 billion yen ($197 million).

    Mitsubishi Corp will offer 950 yen for each Yonekyu share to take control of the firm.

    ($1 = 89.4100 Japanese yen)

    Reporting by Shinichi Saoshiro; Editing by Richard Pullin

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below