Brief: Masuda Flour Milling announces outcome of takeover bid by Nitto Fuji Flour Milling
26/12/2017 06:44
Dec 26(Reuters) - Masuda Flour Milling Co Ltd 2008.T
* Says Nitto Fuji Flour Milling Co Ltd 2003.T , which is a
consolidated subsidiary of Mitsubishi Corp 8058.T , acquired
560,886 shares of the company during the period from Nov. 13 to
Dec. 25
* Acquisition price at 4,805 yen per share
* Settlement starts on Dec. 29
* Says Nitto Fuji Flour Milling will hold 92.2 percent
voting
rights in the company after the transaction, up from 30.7
percent
* Says its second biggest shareholder, SHINMEI CO.,LTD will
cut
voting power in the company to 0 percent from 14.7 percent
* Effective Dec. 29
Source text in Japanese:https://goo.gl/vSVjvP ;
https://goo.gl/A36SJv
Further company coverage: 2008.T 2003.T 8058.T
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