Oji to launch hostile takeover bid for Hokuetsu Wed.

Oji to launch hostile takeover bid for Hokuetsu Wed.

TOKYO, Japan - Oji Paper Co. President Kazuhisa Shinoda tells a press conference in Tokyo on Aug. 1 that the company will launch a hostile tender offer for Hokuetsu Paper Mills Ltd. shares at 800 yen per share but that the price will be raised to 860 yen if Hokuetsu drops its capital boost plan under an accord with Mitsubishi Corp. (Kyodo)

  • Product Code
  • ILEA000033275
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  • 2006/8/01 00:00:00
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  • Kyodo / Kyodo News Images
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