Muraki hit the limit-up price, and Ikuyo announced a tender offer the previous day. Ikuyo plans to conduct the tender offer at ¥3,000 per share and has indicated a policy of raising its ownership stake to a maximum of 50.13%.
Muraki hit the limit-up price today. The market reaction is unclear, but interest in the stock's movements is growing.
Ikuyo says it received no prior notification whatsoever and will consider its response after reviewing the information. The tender offer will be conducted at ¥3,000 per share.
The stated policy is to raise the ownership stake in the tender offer to a maximum of 50.13%. The specific procedures and timing are not provided in the article.