KDDI's Tender Offer for Lawson Ends Successfully
Tokyo, April 27 (Jiji Press)--Major Japanese telecommunications carrier KDDI Corp. has said that its tender offer for convenience store operator Lawson Inc. has ended successfully.
KDDI will purchase 39 pct of Lawson shares tendered by Thursday for about 400 billion yen. As a result, the company will hold a 41 pct stake in Lawson on May 7 and make Lawson an equity-method affiliate.
(2024/04/27-18:04)
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