Ci:z Holdings Co logo

4924 - Ci:z Holdings Co News Story

¥5890 0.0  0.0%

Last Trade - 19/04/19

Sector
Consumer Defensives
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £329.5m
Position in Universe th / 3902

BRIEF-Johnson & Johnson Announces Offer To Buy CiZ Holdings Co Ltd

Tue 23rd October, 2018 8:20am
Oct 23 (Reuters) - J&J  JNJ.N :
    * JOHNSON & JOHNSON ANNOUNCES OFFER TO ACQUIRE CI:Z HOLDINGS
CO.,
LTD.
    * ACQUISITION WILL INCLUDE COMPANY'S RANGE OF BRANDS
COMPRISING
DR.CI:LABO, LABO LABO AND GENOMER LINE OF SKINCARE PRODUCTS.
    * EXPECTS TO LAUNCH TENDER OFFER ON OCTOBER 29, 2018.
    * TENDER OFFER IS EXPECTED TO CLOSE IN Q1 OF 2019
    * UPON COMPLETION OF TENDER OFFER, INTENDS TO CONDUCT
SQUEEZE-OUT
PROCEDURE TO BUY REMAINING SHARES IN COMPANY THAT WERE NOT
TENDERED IN TENDER OFFER
    * JOHNSON & JOHNSON TENDER OFFER IS FOR 5900 YEN PER SHARE
OF CI:Z
HOLDINGS CO, WHICH IS EQUAL TO ABOUT 230 BILLION YEN

Source text for Eikon:  ID:nPn71L6gna 
Further company coverage:  JNJ.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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