Brief: FCM says takeover bid by Aspirant Group SPC No. 5

Furukawa Electric Co

01/11/2018 06:52

Nov 1(Reuters) - FCM Co Ltd  5758.T  
    
    * Says  Aspirant Group SPC No. 5 Inc, which is fully owned
by the
AG No. 2 Investment Business Limited Partnership operated by
Aspirant Group Inc, offered a takeover bid for 940,567 shares of
the company 
    * Offered purchase price at 3,050 yen per share
    * Offering period from Nov. 2 to Nov. 30
    * Settlement starts on Dec. 7
    * Says Furukawa Electric Co Ltd  5801.T  plans to subscribe
all of
the common shares of consolidated subsidiary FCM CO LTD owned by
Furukawa Electric to the tender offer for the common shares of
FCM that is planned to be conducted from November 2 by Aspirant
Group SPC No. 5 

    
    
    Source text in Japanese:http://bit.ly/2qmZxM8 ;
http://bit.ly/2qksEiZ ; http://bit.ly/2qmgSEE
    Further company coverage: 5758.T  5801.T 

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