Brief: Adeka announces outcome of takeover bid for shares of Nihon Nohyaku

ADEKA

20/09/2018 10:03

Sept 20(Reuters) - Adeka Corp  4401.T  
    
    * Says it acquired 12.1 million shares of Nihon Nohyaku Co
Ltd 
 4997.T  during the period from Aug. 22 to Sept. 19
    * Acquisition price at 900 yen per share
    * Settlement starts on Sept. 27
    * Says it will acquire 11.9 million new shares of Nihon
Nohyaku
through private placement, for about 8 billon yen
    * Says it will hold 51 percent voting power in Nihon Nohyaku
after
the takeover bid and the new share private placement, effective
Sept. 28 

    
    
    Source text in Japanese:https://goo.gl/tvG1qw
    Further company coverage: 4401.T  4997.T 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724;
Reuters Messaging: huafang.zhang.reuters.com@reuters.net))