Brief: Air Water offers ToB for 50.1 pct stake of shares in Kawamoto Corp

Air Water

10/11/2016 06:42

Nov 10 (Reuters) - Air Water Inc  4088.T  : 
     
    * Says Air Water Inc offered a takeover bid for 2.9 million 
shares (or no less than 2,318,300 shares) of Kawamoto Corp 
 3604.T   
    * Offered purchase price at 314 yen per share 
    * Takeover bid total amount at 911.7 million yen for 2.9 
million shares 
    * Offering period from Nov. 11 to Dec. 16 
    * Settlement starts on Dec. 22 
    * Kawamoto plans to issue 1,173,100 shares to Air Water via 
private placement, to raise 368.4 million yen, during the period 
from Jan. 10, 2017 to Jan. 31, 2017 
     
    Source text in Japanese: https://goo.gl/cK4bqC ; 
https://goo.gl/HefO5u 
    Further company coverage: 4088.T  
 
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