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BRIEF-Horiifoodservice says outcome of TOB offered by TBI HOLDINGS
June 5, 2017 / 2:06 AM / 4 months ago

BRIEF-Horiifoodservice says outcome of TOB offered by TBI HOLDINGS

June 5 (Reuters) - Horiifoodservice Co Ltd

* Says TBI HOLDINGS acquired 3 million shares of the co during the period from April 18 to June 2

* Acquisition price at 430 yen per share

* Payment date is June 9

* Says TBI HOLDINGS will raise voting power in the co to 52.5 percent from 0 percent

* Says top shareholder will cut voting power in the co to 5 percent, from 57.5 percent

Source text in Japanese:goo.gl/ZSkRvT

Further company coverage: (Beijing Headline News)

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