Brief: Mitsui Engineering & Shipbuilding to merge Kaji Tech via takeover bid

Kaji Technology

26/01/2017 07:25

Jan 26 (Reuters) - Mitsui Engineering & Shipbuilding Co Ltd  
  7003.T : 
     
     
    * Says the co offered a takeover bid for 3.1 million shares 
of Kaji Technology Corp 6391.T  
    * Says offered purchase price at 364 yen per share 
    * Says takeover bid total amount at 1.13 billion yen 
    * Says offering period from Jan. 27 to March 9 
    * Says settlement starts on March 16 
    * Says the co will raise stake in Kaji Technology Corp to 51 
percent from 32.3 percent after the acquisition 
     
     
    Source text in Japanese:https://goo.gl/Km8hvM; 
https://goo.gl/vqQJIP 
    Further company coverage: 7003.T  6391.T  
 
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