Hidefuji Co., Ltd. completed the acquisition of an additional 28.03% stake in Cosmos Pharmaceutical Corporation from Masateru Uno, President and Representative Director of Cosmos, and Noriko Uno, employee of Cosmos.
September 03, 2012 at 12:00 am EDT
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Hidefuji Co., Ltd. agreed to acquire an additional 28.03% stake in Cosmos Pharmaceutical Corporation (TSE:3349) from Masateru Uno, President and Representative Director of Cosmos, and Noriko Uno, employee of Cosmos, on August 31, 2012. Hidefuji will acquire 5.55 million shares of Cosmos. Masateru Uno will sell 20.44% stake and Noriko Uno will sell 7.59% stake in Cosmos. Post completion, Masateru Uno, Noriko Uno, and Hidefuji will hold 3.03%, 3.03%, and 33.08% stake in Cosmos respectively. The transaction is expected to close on September 3, 2012.
Hidefuji Co., Ltd. completed the acquisition of an additional 28.03% stake in Cosmos Pharmaceutical Corporation (TSE:3349) from Masateru Uno, President and Representative Director of Cosmos, and Noriko Uno, employee of Cosmos, on September 3, 2012.
COSMOS Pharmaceutical Corporation is a company primarily engaged in the operation of drug stores. The Company offers medical goods, including general self-medication products, tonic drinks, oral care products, nursing care products, vitamin supplements, health food products, diet food and dispensing. Cosmetic products include cosmetic products for women and men, hair care products and bath agents. Miscellaneous goods include baby goods, detergents, insecticides, deodorizers, bath goods, toiletries, cookware, gardening goods, automobile goods and clothing products. General food products include processed food products, daily food products, seasonings, confectionery, non-alcoholic beverages and alcoholic beverages. It also provides tobacco and others.
Hidefuji Co., Ltd. completed the acquisition of an additional 28.03% stake in Cosmos Pharmaceutical Corporation from Masateru Uno, President and Representative Director of Cosmos, and Noriko Uno, employee of Cosmos.