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BRIEF-Mitsubishi offers ToB for shares in Lawson at 8,650 yen per share
December 21, 2016 / 7:15 AM / 9 months ago

BRIEF-Mitsubishi offers ToB for shares in Lawson at 8,650 yen per share

Dec 21 (Reuters) - Mitsubishi Corp :

* Says Mitsubishi Corp is offering a takeover bid for 16,649,900 shares in Lawson Inc

* Offered purchase price at 8,650 yen per share

* Co aims to own 50.11 percent stake in Lawson after transaction, up from 33.47 percent currently

* Takeover bid total amount at 144.02 billion yen for 16.6 million shares

* Offering period from Dec. 22, 2016 to Feb. 9, 2017

* Settlement starts on Feb. 15, 2017

Source text in Japanese: goo.gl/DUjWJJ

Further company coverage: (Beijing Headline News)

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