Brief: PALEMO says investment partnership offers takeover bid for shares of the company at 100 yen per share

Palemo Holdings

31/08/2016 08:17

Aug 31 (Reuters) - PALEMO Co Ltd  2778.T : 
     
    * Says an investment partnership offered a takeover bid for 
7.6 million shares (no less than 7,493,442 shares and no more 
than 7.6 million shares) of the company 
    * Says the investment partnership plans to hold 63.1 pct 
stake in the co after transaction 
    * Says the investment partnership offered purchase price at 
100 yen per share 
    * Takeover bid total amount at 760 million yen 
    * Offering period from Sep. 5 to Oct. 17 
    * Settlement starts on Oct. 24 
     
     
    Source text in Japanese:  
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