Furukawa Battery (6937) - Ugly Process in Virtual Take-Under Take-Private
Furukawa Electric is selling Furukawa Battery at weighted average purchase price which is a takeunder. It is a really UGLY calculation/process...
Furukawa Battery (6937 JP): Long-Dated Pre-Conditional Offer at JPY1,400
While not a knockout bid, the required minority acceptance rate is not onerous. A long-dated offer presents a free option on a bump due to earnings...
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