In today’s briefing:
- Infroneer (5076 JP) Tender Offer for Toyo Construction (1890 JP) Could Get Funky
Infroneer (5076 JP) Tender Offer for Toyo Construction (1890 JP) Could Get Funky
- INFRONEER Holdings (5076 JP) is the new name of the holding company which was comprised of Maeda Corporation, Maeda Road Construction, and Maeda Seisakusho.
- Infroneer owns a 20% stake in smaller construction company Toyo Construction (1890 JP) through subsidiary Maeda Construction. It has launched a Tender Offer for the rest at a 28.5% premium.
- This could get complicated. If you own, I would not sell at terms.
Before it’s here, it’s on Smartkarma
