Brief: Saibu Gas says outcome of ToB for shares in STrust
21/02/2017 06:16
Feb 21 (Reuters) - Saibu Gas Co Ltd 9536.T :
* Says 3.4 million shares of STrust Co Ltd 3280.T were
offered in a takeover bid by Saibu Gas during the period from
Jan. 24 to Feb. 20 and Saibu Gas resolves to buy 3.1 million
shares as planed
* Says acquisition price at 800 yen per share, for 2.52
billion yen in total
* Settlement date from Feb. 24
* Saibu Gas will raise stake in STrust to 51 percent from 0
percent, and to be the top shareholder
* STrust's current top shareholder will cut stake in STrust
to 2.77 percent from 31.62 percent and to be the third major
shareholder
* STrust's shareholding structure changes will effective on
Feb. 24
Source text in Japanese: https://goo.gl/QQvmlz ;
https://goo.gl/Z7RaQg
Further company coverage: 9536.T 3280.T
(Beijing Headline News)
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