Tender Offer for USEN Shares and Business Integration
First written in FY2016. 3 of 5 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017AchievedAnnual report
「Absorption-type merger with our consolidated subsidiary USEN Co., Ltd.」
Following the tender offer and USEN’s conversion into a consolidated subsidiary, the company completed the absorption-type merger with USEN on 1 December 2017, completing the principal legal procedures for the acquisition and integration. - FY2018-Q1AdvancedAnnual report
「Voting rights held immediately before the business combination 0.00% Voting rights acquired on the business combination date 52.33% Additional voting rights acquired on the business combination date 12.97% Voting rights held after the acquisition 65.33%」
In addition to acquiring 52.33% of USEN through the tender offer, the company acquired an additional 12.97%, bringing its voting rights after the acquisition to 65.33%. - FY2017-Q4AdvancedAnnual report
「As a result of the tender offer, the target company became a consolidated subsidiary of the company on 4 April 2017, the date on which settlement of the tender offer began.」
As a result of the USEN tender offer, USEN became a consolidated subsidiary on 4 April, and the acquisition advanced to the subsidiary stage. - FY2017-Q3AdvancedAnnual report
「As a result of the tender offer, the target company became a consolidated subsidiary of the company on 4 April 2017, the date on which settlement of the tender offer began.」
The USEN tender offer was completed, and the process advanced to the stage of making USEN a consolidated subsidiary on 4 April 2017. - FY2016First statedAnnual report
「At a Board of Directors meeting held on 13 February 2017, we and our consolidated subsidiary U-NEXT SPC1 Co., Ltd. resolved that the tender offeror would acquire common shares of USEN Corporation through a tender offer under the Financial Instruments and Exchange Act, take the target company private, and subsequently integrate its management with ours through a series of organizational restructurings.」
The company describes the tender offer for USEN shares, taking USEN private, and business integration through organizational restructuring as a new large-scale initiative. The tender offer ended on 28 March 2017, and 107,825,794 shares were to be acquired.