Brief: Mitsui Engineering & Shipbuilding says outcome of ToB for shares in Kaji Technology Corp
10/03/2017 03:16
March 10 (Reuters) - Mitsui Engineering & Shipbuilding Co
Ltd 7003.T :
* Says 5.4 million shares of Kaji Technology Corp 6391.T
were offered in a takeover bid by the company from Jan. 27 to
March 9, and co will buy about 3.1 million shares (18.69 percent
stake) as planned
* Acquisition price at 364 yen per share, for 1.13 billion
yen in total
* Settlement date starts from March 16
* Co will own 51 percent stake in Kaji Technology up from
32.31 percent
Source text in Japanese: https://goo.gl/UBsxC3
Further company coverage: 7003.T 6391.T
(Beijing Headline News)
((Beijing.HeadlineNews@thomsonreuters.com; +86 62674724;
Reuters Messaging: Cheng.Li@thomsonreuters.com@reuters.net))