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5122 — Okamoto Industries News Story

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Brief: Okamoto Industries says result of takeover bid for shares of Riken Corundum

Sept 6 (Reuters) - Okamoto Industries Inc  5122.T  
    
    * Says 1.6 million shares of Riken Corundum Co Ltd  5395.T  
were offered in a takeover bid by the co, from Aug. 8 to Sept. 5 
    * Acquisition price is 229 yen per share 
    * Says co will raise stake in Riken Corundum to 50.2 percent 
(4.6 million shares) from 33.1 percent (3 million shares), on 
Sept. 11 
    * Previous news was disclosed on Aug. 7 
 
    Source text in Japanese: https://goo.gl/NXma7k 
    Further company coverage: 5122.T  5395.T  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: Tingting.liu@thomsonreuters.com@reuters.net))

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