Chugoku Electric Power to Sell Part of Its Chudenko Stake to Chudenko to “Optimize Capital Relationship”

Chugoku Electric Power announced that it will sell part of its holdings in Chudenko to Chudenko, reducing its ownership stake from 41.34% to 33.42%. The sale will involve the disposal of part of its shareholding.

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The story

Chugoku Electric Power announced on the 30th that it will sell part of its shares in Chudenko (Naka Ward, Hiroshima) to Chudenko.

Its ownership stake will fall from 41.34% to 33.42% after the sale.

At a glance

Target securityCHUDENKO CORPORATION

SellerChugoku Electric Power

Shareholding ratio41.34%→33.42%

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