Brief: Horiifoodservice says TBI offers takeover bid for its shares

Horiifoodservice

17/04/2017 07:59

April 17 (Reuters) - Horiifoodservice Co Ltd  3077.T  
     
     
    * Says TBI HOLDINGS offered a takeover bid for 5.7 million  
shares, or no less than 3 million shares (52.5 percent shares) 
of the company 
    * Offered purchase price at 430 yen per share 
    * Offering period from April 18 to May 22 
    * Settlement starts on May 29 
    * Say it will become consolidated subsidiary of TBI HOLDINGS 
    * Says it formed a business alliance with TBI HOLDINGS on 
April 17 
    * Says it will continue to be listing on TSE JASDAQ  
     
    Source text in Japanese:https://goo.gl/26HAvL 
    Further company coverage: 3077.T  
 
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