Valeo to acquire majority shares of Ichikoh  [ Japan ] [ France ]

Valeo has announced the launch of a takeover bid for the shares of Ichikoh. The offer will run from November 24, 2016 to January 12, 2017. With this takeover bid, Valeo is offering to buy shares from Ichikoh shareholders at a price of JPY 408 per share. Valeo acquired an initial stake in Ichikoh on April 27, 2000 and currently holds 31.58% of the capital. Valeo plans to raise the ratio to 55.08...