Brief: Oki Electric Industry says outcome of TOB for shares of Oki Electric Cable

Oki Electric Industry

19/12/2017 06:11

Dec 19 (Reuters) - Oki Electric Industry Co Ltd  6703.T  : 
       
    * Says the company (the acquirer) acquired 1.8 million 
shares of 
Oki Electric Cable Co Ltd  5815.T  during the period from Nov. 
11 to Dec. 18 
    * Acquisition price at 3,650 yen per share 
    * Settlement starts from Dec. 25 
    * Says the acquirer will hold 86.76 percent voting rights in 
the 
company after the transaction, raising from 36.21 percent 
currently  
 
     
    Source text in Japanese: https://goo.gl/B7E5Wu 
    Further company coverage: 6703.T  5815.T  
 
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