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ITOCHU CORP. SECURES ADDITIONAL SHARES IN FAMILYMART CO.; RAISED STAKE TO 65.71 PERCENT

Published On 26 Aug 2020 06:08 PM


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Highlights –

  • Itochu Corp. secures additional shares in FamilyMart Co.; raised stake to 65.71 percent.
  • Itochu is planning to boost its holding from 50.1 percent to 65.71 percent.
  • Itochu is willing to pay $22 per share.
  • FamilyMart shares will be delisted from the Tokyo Stock Exchange.

On Tuesday, trading house Itochu Corp. secured additional shares in co....


Tags : JAPAN, ITOCHU CORP., FAMILYMART CO., RAISED STAKE, ADDITIONAL SHARES, PANDEMIC, CORONAVIRUS, CONVINIENCE STORE FAMILYMART, OASIS MANAGMENT CO., ,
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