Tender offer for the full subsidiary acquisition of セコム上信越
First written in FY2021. 1 of 4 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「Through the tender offer conducted from 31 May 2021 to 9 July 2021 and the share exchange, the company made セコム上信越 a wholly owned subsidiary for the purpose of enabling the company and セコム上信越 to make swift and flexible management decisions as one entity, concentrating the necessary management resources on the security services business, further strengthening cooperation with セコム上信越, achieving sustainable growth and pursuing further enhancement of the corporate value of both companies.」
The annual report confirms the objectives of making セコム上信越 a wholly owned subsidiary, concentrating management resources on the security services business and strengthening cooperation. - FY2022-Q2AchievedAnnual report
「This share exchange was carried out on 1 November 2021, making Secom Joshinetsu a wholly owned subsidiary of the company.」
The share exchange following the tender offer was carried out on 1 November 2021, completing the conversion of Secom Joshinetsu into a wholly owned subsidiary. - FY2022-Q1AdvancedAnnual report
「As the company was unable to acquire all of the common shares of セコム上信越 through this tender offer, the company and セコム上信越 decided to make セコム上信越 a wholly owned subsidiary through a share exchange.」
The company conducted a tender offer for セコム上信越 and acquired 4,374,192 shares, bringing its ownership ratio to 88.03%. A share exchange agreement was concluded for the remaining shares, with the company scheduled to make セコム上信越 a wholly owned subsidiary on 1 November 2021. - FY2021First statedAnnual report
「As the social importance of security services is expected to increase further, we believe that making the target company a wholly owned subsidiary will enable the company and the target company to make swift and flexible management decisions as one entity, concentrate the necessary management resources on the security services business, further strengthen cooperation with the target company, achieve sustainable growth and pursue further enhancement of the corporate value of both companies.」
A plan was disclosed to conduct a tender offer for the purpose of making セコム上信越 a wholly owned subsidiary, from 31 May to 9 July 2021, at ¥6,350 per share. The ownership ratio was 54.44% as of 28 May 2021.