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BRIEF-Parent company says TOB for shares of Yagami
September 1, 2017 / 7:20 AM / 3 months ago

BRIEF-Parent company says TOB for shares of Yagami

Sept 1 (Reuters) - Yagami Inc

* Says co’s parent company plans to offer a takeover bid for 618,080 shares (or no less than 618,080 shares) of the co’s stock, at the price of 1,100 yen per share

* Says co’s parent company will hold 66.7 percent stake in the co (3,498 voting power), up from 54.9 percent (2,880 voting power)

* Says total acquisition amount of 2.17 billion yen

* Says the offering period from Sept. 4 to Oct. 2

* Says settlement date on Oct. 10

Source text in Japanese: goo.gl/6uYw3k

Further company coverage: (Beijing Headline News)

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