Brief: SAIBU GAS offers ToB for shares in STrust at 800 yen per share

STrust

23/01/2017 07:13

Jan 23 (Reuters) - SAIBU GAS Co Ltd  9536.T  : 
     
    * Says it plans to   
    * SAIBU GAS is offering a takeover bid for 3,145,200 shares 
(no more than 3,145,200 shares) of STrust Co Ltd  3280.T  's 
stock, at the price of 800 yen per share 
    * SAIBU GAS will hold 51 percent stake in STrust (31,452 
voting rights), up from 0 percent  
    * Total acquisition amount is 2,516 million yen for 
3,145,200 shares  
    * Say the offering period from Jan. 24 to Feb. 20 
    * Settlement date is Feb. 24 
     
    Source text in Japanese: https://goo.gl/d5QASv 
    Further company coverage: 9536.T [] 
 
 (Beijing Headline News) 
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