Brief: Jic Capital To Spend 399.8 Billion Yen To Buy 49.98% Of Shinko Shares Currently Not Owned By Fujitsu

Dai Nippon Printing

12/12/2023 15:41

Shinko Electric Industries Co Ltd  6967.T :
    * JIC CAPITAL: PLAN TO LAUNCH TENDER OFFER TO BUY OUT SHINKO
ELECTRIC INDUSTRIES
    * JIC CAPITAL: TENDER OFFER PRICE PLANNED FOR 5,920 YEN PER
SHINKO
SHARE
    * JIC CAPITAL: SHINKO TO BE OWNED 80% BY JIC FUND, 15% BY
DAI
NIPPON PRINTING, 5% BY MITSUI CHEMICALS AFTER BUYOUT
    * JIC CAPITAL: TO SPEND 399.8 BILLION YEN TO BUY 49.98% OF
SHINKO
SHARES CURRENTLY NOT OWNED BY FUJITSU

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Further company coverage:  6967.T