Adeka announces outcome of takeover bid for shares of Nihon Nohyaku
Sept 20(Reuters) - Adeka Corp <4401.T>:Says it acquired 12.1 million shares of Nihon Nohyaku Co Ltd <<<4997.T>>> during the period from Aug. 22 to Sept. 19.Acquisition price at 900 yen per share.Settlement starts on Sept. 27.Says it will acquire 11.9 million new shares of Nihon Nohyaku through private placement, for about 8 billon yen.Says it will hold 51 percent voting power in Nihon Nohyaku after the takeover bid and the new share private placement, effective Sept. 28 .
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