DAIICHIKOUTSU SANGYO Co.,Ltd. cancelled the acquisition of remaining 30.07% stake in Daiichi General Service Co.,Ltd. from existing shareholders.
May 08, 2017
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DAIICHIKOUTSU SANGYO Co.,Ltd. (FKSE:9035) agreed to acquire the remaining 30.07% stake in Daiichi General Service Co.,Ltd. from existing shareholders for ¥1.3 billion on May 9, 2016. Under the terms of the transaction, DAIICHIKOUTSU SANGYO will issue 0.98 million common shares to Daiichi General Service shareholders. For the year ending March 31, 2016, Daiichi General Service reported total assets of ¥18.82 billion, Net assets of ¥5.47 billion. The transaction is subject to approval from approval under the extraordinary meeting of its Daiichi General Service's shareholders scheduled on May 27, 2016.
DAIICHIKOUTSU SANGYO Co.,Ltd. (FKSE:9035) cancelled the acquisition of remaining 30.07% stake in Daiichi General Service Co.,Ltd. from existing shareholders on May 9, 2017.
Nishi-Nippon Financial Holdings Inc is a Japan-based company mainly engaged in the provision of financial services centering on banking business. The Banking segment mainly provides diverse financial products and services to local customers through deposit business, lending business, securities investment business, domestic exchange business, foreign exchange business, over-the-counter sales business of investment trusts and insurance products.