Shimachu accepts Nitori's takeover bid

Shimachu accepts Nitori's takeover bid

Takaaki Okano (L), president of home improvement retailer Shimachu Co., and Akio Nitori, chairman of furniture and interior goods chain operator Nitori Holdings Co., attend a press conference in Tokyo on Nov. 13, 2020. Shimachu accepted a takeover bid by Nitori.

Shimachu accepts Nitori's takeover bid

Shimachu accepts Nitori's takeover bid

Takaaki Okano (L), president of home improvement retailer Shimachu Co., and Akio Nitori, chairman of furniture and interior goods chain operator Nitori Holdings Co., shake hands at a press conference in Tokyo on Nov. 13, 2020. Shimachu accepted a takeover bid by Nitori.

Nitori launches rival takeover bid for Shimachu in Nov.

Nitori launches rival takeover bid for Shimachu in Nov.

Akio Nitori (L), chairman of Japanese home furnishings retailer Nitori Holdings Co., meets the press in Tokyo on Oct. 29, 2020, unveiling a plan to launch a rival takeover bid in mid-November to make do-it-yourself and hardware store operator Shimachu Co. a wholly owned subsidiary.

Nitori launches rival takeover bid for Shimachu in Nov.

Nitori launches rival takeover bid for Shimachu in Nov.

Akio Nitori, chairman of Japanese home furnishings retailer Nitori Holdings Co., meets the press in Tokyo on Oct. 29, 2020, unveiling a plan to launch a rival takeover bid in mid-November to make do-it-yourself and hardware store operator Shimachu Co. a wholly owned subsidiary.

Nitori launches rival takeover bid for Shimachu in Nov.

Nitori launches rival takeover bid for Shimachu in Nov.

Akio Nitori (R), chairman of Japanese home furnishings retailer Nitori Holdings Co., meets the press in Tokyo on Oct. 29, 2020, unveiling a plan to launch a rival takeover bid in mid-November to make do-it-yourself and hardware store operator Shimachu Co. a wholly owned subsidiary.

Nitori launches rival takeover bid for Shimachu in Nov.

Nitori launches rival takeover bid for Shimachu in Nov.

Photo taken on Oct. 27, 2020, shows an outlet of Japanese home furnishings retailer Nitori Holdings Co. in Tokyo. Nitori said on Oct. 29, 2020, that it will launch a rival takeover bid in mid-November to make do-it-yourself and hardware goods chain Shimachu Co. a wholly owned subsidiary.

Nitori launches rival takeover bid for Shimachu in Nov.

Nitori launches rival takeover bid for Shimachu in Nov.

Photo taken on Oct. 23, 2020, shows an outlet of Japanese do-it-yourself and hardware goods chain Shimachu Co. in Tokyo. Home furnishings retailer Nitori Holdings Co. said on Oct. 29, 2020, that it will launch a rival takeover bid in mid-November to make Shimachu a wholly owned subsidiary.