Brief: 3D Investment Partners - Issues Open Letter And Presentation Materials To Sapporo Shareholders, Presents Proposed Structure For Maximising Value
09/07/2024 07:16
July 9 (Reuters) - 3D INVESTMENT PARTNERS:
* ISSUES OPEN LETTER AND PRESENTATION MATERIALS TO SAPPORO
HOLDINGS LTD 2501.T SHAREHOLDERS, PRESENTS PROPOSED STRUCTURE
FOR MAXIMISING VALUE
* PROPOSAL FOR SAPPORO INCLUDES TAX-QUALIFIED SPIN-OFF OF
REAL
ESTATE HOLDING COMPANY AND COMPLETE SALES OF INDIVIDUAL
PROPERTIES
* THIS STRUCTURE COULD INCREASE SAPPORO'S STOCK MARKET
CAPITALISATION BY ABOUT 280 BILLION YEN, OR +64% FROM CURRENT
LEVEL
Further company coverage: 2501.T
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