Brief: Adeka says takeover bid for shares of Nihon Nohyaku and business and capital alliance
21/08/2018 08:01
Aug 21(Reuters) - Adeka Corp 4401.T
* Says it offered a takeover bid for 12.1 million shares (or
no
less than 7.7 million shares) of Nihon Nohyaku Co Ltd 4997.T
* Offered purchase price at 900 yen per share and offering
period
from Aug. 22 to Sept. 19, and settlement starts on Sept. 27
* Says it signs a business and capital alliance with Nihon
Nohyaku, on Aug. 21, mainly regarding life science related
business
* Says Nihon Nohyaku will issue 20.9 million new shares to
the
company through private placement, at the price of 670 yen per
share (14 billion yen in total), with payment period from Sept.
28 to Oct. 31
Source text in Japanese:https://goo.gl/bQsGy7 ;
https://goo.gl/Xgtfdv
Further company coverage: 4401.T 4997.T
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