Brief: Aica Kogyo offers takeover bid for shares of Taiwan co Evermore Chemical Industry

Aica Kogyo

15/11/2017 09:26

Nov 15 (Reuters) - Aica Kogyo Co Ltd  4206.T   
     
    * Says it offered a takeover bid for 49.8 million shares 
(50.1 
percent stake) of Taiwan-based Evermore Chemical Industry Co., 
Ltd  
    * Offered purchase price at T$20 per share (about T$996 
million in 
total) 
    * Offering period from Nov. 17 to Jan. 5, 2018  
    * Acquisition date on Jan. 16, 2018   
    * Says it will raise voting power in Evermore Chemical 
Industry 
Co., Ltd to 50.1 percent from 0 percent after transaction   
 
     
    Source text in Japanese:https://goo.gl/cJrrTh 
    Further company coverage: 4206.T  
 
 (Beijing Headline News) 
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