Source disclosure: January 20, 2026
Mitsubishi Heavy Industries,Ltd. [7011.T]
TOKYO — LVJV Holdings II Limited Partnership has announced the commencement of a tender offer for shares and subscription rights of Mitsui O.S.K. Lines Logistics Next Corporation (MOL Nex), effective from January 21 to February 18, 2026. This move follows an agreement between LVJV Holdings II Limited Partnership and Mitsubishi Heavy Industries, Ltd., which was first disclosed on September 30, 2025.
The initial plan had envisaged the start of this public offering during late December 2025 or early January 2026; however, delays due to pending competition law procedures in certain countries necessitated postponement until January 20, 2026. With all necessary legal formalities now completed, LVJV Holdings II Limited Partnership is set to proceed with its tender offer as scheduled.
Under the terms of the transaction, Mitsubishi Heavy Industries, Ltd. will not participate in the tender offer itself but intends to sell its stake in MOL Nex through a share repurchase by MOL Nex following the completion of the tender offer. Subsequently, Mitsubishi Heavy Industries plans to reinvest in LVJV Holdings II Limited Partnership. It should be noted that after these transactions, MOL Nex will no longer remain within Mitsubishi Heavy Industries' consolidated subsidiaries.
Despite these significant changes in the timeline and structure of the deal, Mitsubishi Heavy Industries maintains that there will be no alteration to its full-year fiscal forecast for the March 2026 period. The company’s representative, President Eiji Ito, stated that the corporation remains committed to its strategic objectives while navigating regulatory requirements effectively.
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