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4837 — Shidax News Story

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Some Shidax units disappointed by board decision to oppose Oisix tender offer (updated)

(Adds Unison Capital, Colowide)
    TOKYO, Sept 6 (Reuters) - Some business units of Japanese
food service firm Shidax Corp  4837.T  said they were
"disappointed" by the company's decision to oppose a tender
offer by Oisix ra daichi Inc  3182.T .
    The Shidax board's opposition to the tender offer by Oisix
is "not the unanimous opinion of the Shidax group," a
representative of the units said in a letter sent to Oisix and
seen by Reuters. 
    The letter was dated Tuesday. 
    Later on Tuesday, Unison Capital said it would agree to a
tender offer by Oisix if certain conditions were met, and the
Nikkei newspaper reported that Colowide Co Ltd, a company mainly
engaged in the restaurant business, proposed to take over
Shidax's school lunch business.
    No further details were immediately available. 
    

 (Reporting by Makiko Yamazaki; editing by Kim Coghill and Jason
Neely)
 ((Makiko.Yamazaki@thomsonreuters.com; +81-3-4563-2805;))

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