Brief: Idemitsu And Fuji Oil Announce Signing Of A Capital And Business Alliance Agreement And Acquisition Of Fuji Oil Shares

Fuji Oil Co (Shinagawa)

16/04/2024 07:05

April 16 (Reuters) - 
  
    * IDEMITSU KOSAN CO LTD - IDEMITSU AND FUJI OIL ANNOUNCE
SIGNING
OF A CAPITAL AND BUSINESS ALLIANCE AGREEMENT AND ACQUISITION OF
FUJI OIL SHARES
    * IDEMITSU KOSAN CO LTD - TO BUY ALL FUJI OIL SHARES OWNED
BY JERA
WORTH 8.75% OF OUTSTANDING SHARES
    * IDEMITSU KOSAN CO LTD - NOW OWN 21.79% OF FUJI OIL AND
WILL MAKE
IT AN EQUITY METHOD AFFILIATE

Source text for Eikon:  ID:nTSpp8b903 
Further company coverage:  5017.T