ITOCHU-SHOKUHIN Co.,Ltd. [2692.T]
TOKYO, Apr 28 (Pulse News Wire) – ITOCHU-SHOKUHIN Co.,Ltd. (2692.T) announced that its board has expressed support for the management buyout by the bidder at ¥9,611 per share.
The board recommends that shareholders tender their shares.
An independent special committee established to review the transaction concluded that the terms are fair to shareholders.
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