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BRIEF-Sato Foods says outcome of TOB offered by Niigata-based food co
July 11, 2017 / 3:27 AM / 4 months ago

BRIEF-Sato Foods says outcome of TOB offered by Niigata-based food co

July 11 (Reuters) - Sato Foods Co Ltd

* Says Niigata-based food firm(the acquirer)acquired 430,000 shares of the co, at the price of 3,164 yen per share, during the period from June 13 to July 10, and payment date on July 14

* Says the acquirer will increase voting power in the co to 40.6 percent, from 11.1 percent, effective July 14

Source text in Japanese:goo.gl/4JY4n7

Further company coverage: (Beijing Headline News)

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