March 27, 2017 / 8:39 AM / 4 months ago

BRIEF-Marui Group offers takeover bid for 50.01 pct stake in Soko Seiren

1 Min Read

March 27 (Reuters) - Soko Seiren Co Ltd :

* Says Marui Group Co Ltd offered a takeover bid for at least 3.6 million shares(50.01 percent stake) of the co

* Says offered purchase price at 148 yen per share

* Offering period from March 28 to April 24

* Settlement starts on April 28

* Says Marui Group will scrap the acquisition if the lower limit can't be reached

Source text in Japanese:goo.gl/HuvLl0

Further company coverage: (Beijing Headline News)

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