Brief: Wonder announces outcome of takeover bid by Rizap Group

RIZAP

23/03/2018 07:24

March 23(Reuters) - Wonder Corp  3344.T 
    
    * Says Rizap Group Inc  2928.SP  acquired 3.7 million shares
of
the company during the period from Feb. 20 to March 22, at the
price of 980 yen per share
    * Settlement starts on March 29
    * Says the company will issue 2 million shares to Rizap
Group
through a private placement, for 1.65 billion yen, with payment
date on March 29 
    * Says Rizap Group will increase voting power in the company
to
75.1 percent from 0 percent and will become top shareholder of
the company 
    * Says top shareholder KASUMI CO., LTD will cut voting power
in
the company to 0 percent from 43.1 percent
    * Effective March 29

    
    
    Source text in Japanese:https://goo.gl/RH3Scw
    Further company coverage: 3344.T  2928.SP 

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