Reuters logo
6 months ago
BRIEF-Japan Food & Liquor Alliance to fully acquire Toyoshoji via stock swap; top shareholder change
February 7, 2017 / 6:51 AM / 6 months ago

BRIEF-Japan Food & Liquor Alliance to fully acquire Toyoshoji via stock swap; top shareholder change

1 Min Read

Feb 7 (Reuters) - Japan Food & Liquor Alliance Inc :

* Says co plans to fully acquire Toyoshoji, a firm engaged in food through stock swap, with effective on March 1

* One share of Toyoshoji's stock will be exchanged with 14,634.15 shares of co's stock

* 14,634,150 shares of co's stock will be exchanged

* Along with the stock swap, Toyoshoji's parent company Tanaka Bungo Shoten Inc will own 10.69 percent stake in co up from 0 percent and will be the top shareholder after transaction

* Change will occur on March 1

Source text in Japanese: goo.gl/Y4pgES

Further company coverage: (Beijing Headline News)

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