Brief: Daiwa House Industry unit to fully acquire Technical Electron via ToB

Daiwa House Industry Co

06/02/2018 08:06

Feb 6 (Reuters) - Daiwa House Industry Co Ltd  1925.T   
    
    * Says co's unit Daiwa Lease Co., Ltd. plans to offer a 
takeover 
bid for 536,917 shares (or no less than 269,700 shares) of 
Technical Electron Co Ltd  6716.T , with purchase price at 3,300 
yen per share 
    * Takeover bid total amount at 1.77 billion yen in total 
    * Offering period from Feb. 7 to March 22 
    * Settlement starts on March 28 
 
    Source text in Japanese: https://goo.gl/QtrJbw 
    Further company coverage: 1925.T  6716.T  
 
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