3D Partners bids to take private film company Tohokushinsha
25/07/2024 01:25
TOKYO, July 25 (Reuters) - Singapore-based investment
firm 3D Investment Partners has offered to take private Japanese
film company Tohokushinsha 2329.T for a purchase price of
600-650 yen per share, it said in a statement on Thursday.
Tohokushinsha received 3D's tender offer proposal on
Wednesday and set up a special committee to make a decision on
the offer, filings show.
3D is Tohokushinsha's largest shareholder, with a 17.65%
stake as of March 19.
(Reporting by Anton Bridge; Editing by Sandra Maler)
((Anton.Bridge@thomsonreuters.com;))