Aica Kogyo offers takeover bid for shares of Taiwan co Evermore Chemical Industry
Nov 15 (Reuters) - Aica Kogyo Co Ltd <4206.T>:Says it offered a takeover bid for 49.8 million shares (50.1 percent stake) of Taiwan-based Evermore Chemical Industry Co., Ltd .Offered purchase price at T$20 per share (about T$996 million in total).Offering period from Nov. 17 to Jan. 5, 2018 .Acquisition date on Jan. 16, 2018 .Says it will raise voting power in Evermore Chemical Industry Co., Ltd to 50.1 percent from 0 percent after transaction .
Latest Developments forAica Kogyo Co Ltd
- Aica Kogyo completes acquisition of 50.1 pct stake in Evermore Chemical Industry
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- AICA Kogyo buys 50.1 pct stake in Evermore Chemical Industry