Brief: U-Next subsidiary says outcome of takeover bid for shares of USEN

U-NEXT HOLDINGS

29/03/2017 07:22

March 29 (Reuters) - U-Next Corp  9418.T  
     
     
    * Says subsidiary U-Next SPC1 acquired 107.8 million shares 
of USEN CORPORATION  4842.T   during the period from Feb. 14 to 
March 28 
    * Acquisition price at 49.71 billion yen 
    * Payment date is April 4 
    * Says subsidiary U-Next SPC1 will hold 52.3 percent voting 
rights in USEN CORPORATION after the transaction 
    * Says USEN CORPORATION will be sub-subsidiary of the 
company 
     
    Source text in Japanese:https://goo.gl/UcgJN0 
    Further company coverage: 9418.T  4842.T  
 
 (Beijing Headline News) 
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