Brief: Nitto Kogyo offers takeover bid for shares of Kitagawa Industries

Nitto Kogyo

05/11/2018 06:44

Nov 5 (Reuters) - Nitto Kogyo Corp  6651.T  
    
    * Says it offered a takeover bid for 4.8 million shares (or
no
less than 2.4 million shares) of Kitagawa Industries Co Ltd
 6896.NG , at the price of 3,943 yen per share, for 18.75
billion yen in total, during the period from Nov. 6 to Dec. 26
    * Says it aims to raise voting power in Kitagawa Industries
Co Ltd
to 54.2 percent from 0 percent  
    * Settlement starts on Jan. 8, 2019 

    
    Source text in Japanese:https://goo.gl/cjgtv5
    Further company coverage: 6651.T  6896.NG 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +8601082555111;
Reuters Messaging: Pingping.Li1@thomsonreuters.com@reuters.net))