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BRIEF-Powertech Technology's unit offers takeover bid for shares of Tera Probe
April 14, 2017 / 9:23 AM / 8 months ago

BRIEF-Powertech Technology's unit offers takeover bid for shares of Tera Probe

April 14 (Reuters) - Tera Probe Inc

* Says unit of Powertech Technology Inc. offered a takeover bid (or no less than 3.7 million shares), at the price of 1,100 yen per share

* Says unit of Powertech Technology Inc. aims to hold more than 50 percent voting power of the company

* Says the company will continue to be listing on TSE Mothers

* Says the offering period from April 17 to May 29

* Settlement date is June 5

Source text in Japanese:goo.gl/IwrZtH

Further company coverage: (Beijing Headline News)

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