RNS Number : 0558A
Mitsubishi Corporation
27 May 2021
May 27th, 2021
Notice Regarding Commencement of Subsidiary Tender Offer and MC's Participation
Mitsubishi Corporation (MC) announced today that it will be selling a portion of its common shares in Mitsubishi Shokuhin Co., Ltd. (MSK) back to MSK in response to today's decision by the latter's board of directors to extend a tender offer. Details on the tender-offer agreement between MSK and MC are outlined below.
Shares to be tendered Common shares of MSK: 13,600,000 shares
Tender offer price JPY 2,592 per share
Tender offer period May 28, 2021 to June 24, 2021
Start date of settlement July 16, 2021
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