July 8, 2020 / 6:49 AM / a month ago

Itochu to buy rest of FamilyMart via up to $5.6 bln tender offer - Nikkei

TOKYO, July 8 (Reuters) - Japanese trading house Itochu Corp plans to make convenience store operator FamilyMart Co a wholly owned unit through a tender offer worth 500 to 600 billion yen ($4.7 to $5.6 billion), the Nikkei business daily reported on Wednesday.

Itochu owns 50.1% of FamilyMart, Nikkei said. ($1 = 107.5300 yen) (Reporting by Chris Gallagher; Editing by Jacqueline Wong)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below