Mahle Japan to make tender offer to Kokusan Denki  [ Japan ]

Mahle Japan Ltd. announced that it will acquire all outstanding shares of Kokusan Denki Co., Ltd. by means of a tender offer. Mahle Japan currently holds 39.09 percent of the shares in Kokusan Denki. The tender offer period will run from May 1 to June 16, 2015, and the tender offer cost will be approximately JPY 3.79 billion (USD 31.7 million). In accordance with this transaction, Kokusan Denki...
<Apr 30, 2015>