United Kingdom

Oki Electric Industry says outcome of TOB for shares of Oki Electric Cable

Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Oki Electric Industry Co Ltd <6703.T> ::Says the company (the acquirer) acquired 1.8 million shares of Oki Electric Cable Co Ltd <<<5815.T>>> during the period from Nov. 11 to Dec. 18.Acquisition price at 3,650 yen per share.Settlement starts from Dec. 25.Says the acquirer will hold 86.76 percent voting rights in the company after the transaction, raising from 36.21 percent currently . 

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