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7404 - Showa Aircraft Industry Co News Story

¥2128 0.0  0.0%

Last Trade - 17/04/20

Sector
Industrials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £199.0m
Position in Universe th / 3862

Bain Capital plans offer for Japan's Showa Aircraft in $633 million deal

Thu 23rd January, 2020 8:53am
TOKYO, Jan 23 (Reuters) - U.S. private equity firm Bain
Capital is planning a tender offer for Showa Aircraft Industry
 7404.T , a Japanese maker of transportation equipment, that
could result in a 69.4 billion yen ($633 million) deal, it said
on Thursday.
    Bain Capital will offer 2,129 yen per share for Showa
Aircraft, it said. Showa Aircraft shares closed at 2,537 yen on
Thursday. 
    
    ($1 = 109.7000 yen)

 (Reporting by Junko Fujita; Editing by Jan Harvey)
 ((813-4563-2711, junko.fujita@thomsonreuters.com, Reuters
Messaging:junko.fujita.reuters.com@reuters.net;))
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