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BRIEF-Toyota Motor unit announces outcome of ToB for shares in Misawa Homes
December 27, 2016 / 6:52 AM / 10 months ago

BRIEF-Toyota Motor unit announces outcome of ToB for shares in Misawa Homes

Dec 27 (Reuters) - Toyota Motor Corp :

* Says 8.2 million shares of Misawa Homes Co Ltd were offered in a takeover bid by Toyota Motor’s unit Toyota Home KK from Nov. 28 to Dec. 26

* Acquisition price at 1,100 yen per share

* Settlement starts from Jan. 4, 2017

* Say Toyota Home will hold 43.49 percent of voting power, up from 28.87 percent

Source text in Japanese: goo.gl/j4QFPX

Further company coverage: (Beijing Headline News)

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