Announcement Regarding Stock Acquisition Of Fuji Oil Co., Ltd. (Securities Code 5017) As Act Of Accumulating Stocks

Fuji Oil Co (Shinagawa)

19/03/2024 06:33

March 19 (Reuters) - Fuji Oil Co Ltd  5017.T :
    * IDEMITSU KOSAN CO LTD: ANNOUNCEMENT REGARDING STOCK
ACQUISITION
OF FUJI OIL CO., LTD. (SECURITIES CODE 5017) AS ACT OF
ACCUMULATING STOCKS
    * IDEMITSU KOSAN CO LTD: ENTERED INTO AN AGREEMENT TO
ACQUIRE ALL
5,051,600 FUJI OIL COMPANY, LTD.  SHARES (6.46% OF TOTAL SHARES
OUTSTANDING) OWNED BY SUMITOMO CHEMICAL CO., LTD.  IN AN
OFF-MARKET TRANSACTION
    * IDEMITSU KOSAN CO LTD: IDEMITSU WILL INCREASE ITS STAKE IN
FUJI
OIL FROM 5,144,000 SHARES (6.58% OF TOTAL SHARES OUTSTANDING) TO
10,195,600 SHARES (13.04% OF TOTAL SHARES OUTSTANDING) TO BECOME
ITS LARGEST SHAREHOLDER

Source text for Eikon:  ID:nTSos87c18 
Further company coverage:  5017.T 

 (Reporting by Tokyo Newsroom)
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