AISAN INDUSTRY CO.,LTD. [7283.T]
TOKYO, Mar 30 (Pulse News Wire) – Aisan Industry CO.,LTD. (7283.T) completed a simplified equity swap to fully acquire its subsidiary, Teiki Gasifier Co., Ltd.,.
The companies agreed on a stock exchange ratio of 6.12 shares of Aisan Industry for every share of Teiki Gasifier based on valuation methods including the market price method and discounted cash flow analysis. Under the agreement, Aisan Industry will deliver approximately 6.12 shares of its common stock for each share held by Teiki Gasifier shareholders. The transaction does not involve new share issuance; instead, existing treasury shares will be used.
The final number of shares delivered could fluctuate due to adjustments related to the acquisition process. Key financial highlights show Aisan Industry had a net asset value of ¥3,009.82 billion and total assets of ¥337.26 billion in the fiscal year ending March 2025. Teiki Gasifier reported a net asset value of ¥4.521 billion and total assets of ¥7.988 billion during the same period.
This equity swap is expected to have a minor impact on Aisan Industry's consolidated performance.
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