December 19, 2017 / 6:12 AM / a month ago

BRIEF-Oki Electric Industry says outcome of TOB for shares of Oki Electric Cable

Dec 19 (Reuters) - Oki Electric Industry Co Ltd :

* Says the company (the acquirer) acquired 1.8 million shares of Oki Electric Cable Co Ltd during the period from Nov. 11 to Dec. 18

* Acquisition price at 3,650 yen per share

* Settlement starts from Dec. 25

* Says the acquirer will hold 86.76 percent voting rights in the company after the transaction, raising from 36.21 percent currently

Source text in Japanese: goo.gl/B7E5Wu

Further company coverage: (Beijing Headline News)

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