Brief: Ichikoh Industries says outcome of ToB offered by Valeo Bayen

Ichikoh Industries

13/01/2017 07:50

Jan 13 (Reuters) - Ichikoh Industries Ltd  7244.T  : 
     
    * Says Valeo Bayen will acquire 22,583,000 shares which were 
offered in the takeover bid from Nov. 24, 2016 to Jan. 12, at 
408 yen per share 
    * Settlement date starts from Jan. 20 
    * Valeo Bayen's stake in co will be raised to 55.09 percent 
from 31.58 percent effective Jan. 20, and will become the parent 
company of co after transaction  
     
    Source text in Japanese: https://goo.gl/TnlKkc 
    Further company coverage: 7244.T  
 
 (Beijing Headline News) 
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