Nippon Active Value Fund plc managed by International Fund Management Limited, Michael 1925 LLC managed by Rising Sun Management Ltd. and Hikari Acquisition K.K. cancelled the acquisition of 21.926625% stake in T&K Toka Co., Ltd..
February 23, 2023
Share
Nippon Active Value Fund plc (LSE:NAVF) managed by International Fund Management Limited, Michael 1925 LLC managed by Rising Sun Management Ltd. and Hikari Acquisition K.K. made an offer to acquire 21.926625% stake in T&K Toka Co., Ltd. (TSE:4636) for ¥1300 per share on January 6, 2023. As of February 5, 2023. Mori Hamada & Matsumoto LPC acted as legal advisor to T&K Toka Co., Ltd.
Nippon Active Value Fund plc (LSE:NAVF) managed by International Fund Management Limited, Michael 1925 LLC managed by Rising Sun Management Ltd. and Hikari Acquisition K.K. cancelled the acquisition of 21.926625% stake in T&K Toka Co., Ltd. (TSE:4636) on February 24, 2023.
T&K TOKA CO.,LTD. is a Japan-based company engaged in sale of printing ink, printing related equipment, printing machines and synthetic resins. The Company is mainly engaged in the sale, import and export of printing inks, synthetic resins for printing, paints and adhesives, printing related materials and equipment. Its main products are UV curable ink, lithographic ink (offset ink), resin letterpress ink (flexo ink), gravure ink, inks for metal printing, special function ink and synthetic resin. In addition, the Company is engaged in industrial waste incineration business and life and casualty insurance agency business.
Nippon Active Value Fund plc managed by International Fund Management Limited, Michael 1925 LLC managed by Rising Sun Management Ltd. and Hikari Acquisition K.K. cancelled the acquisition of 21.926625% stake in T&K Toka Co., Ltd..