かどや製油 announced that the period for Integral's TOB would be extended through 13 November. Following a counterproposal from Advantage Partners, the basic TOB price will remain at ¥2,514 per share, although the price could be higher depending on the conditions.
かどや製油 announced that the period for Integral's TOB, which had been scheduled to run through the 30th, would be extended through 13 November. The company said the extension was made in response to a counterproposal from Advantage Partners.
The basic policy of setting the TOB price at ¥2,514 per share will be maintained. Integral has set a maximum price of ¥2,760, but whether the price will be raised depending on the counterproposal is the focus.
かどや製油's share price reached a new high in more than 10 years at ¥3,110 on the 29th. The latest developments are intensifying the appearance of a takeover battle surrounding the company.