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BN 11/13 06:05 *HITACHI NOW OWNS 63.15% OF VOTING RIGHTS IN HITACHI MEDICAL BFW 11/13 06:04 *HITACHI OFFERS TO BUY OUT HITACHI MEDICAL FOR 26.6B YEN BN 11/13 06:03 *HITACHI OFFERS TO BUY OUT HITACHI MEDICAL FOR 26.6B YEN BN 11/13 06:02 *HITACHI TO ACQUIRE HITACHI MEDICAL SHRS FOR 1,800 YEN EACH BN 11/13 06:01 *HITACHI TO BEGIN TENDER OFFER FOR HITACHI MEDICAL SHARES
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Hitachi Offers to Buy Out Hitachi Medical for 1,800 Yen/Shr 2013-11-13 06:11:48.626 GMT
By Marco Lui Nov. 13 (Bloomberg) -- Co. to pay as much as 26.6b yen in tender offer to acquire the shrs in unit Hitachi Medical it doesn’t already own, according to a statement to the Tokyo Stock Exchange today. * Price represents ~33.6% premium over closing price of 1,347 yen today: Bloomberg calculation * Hitachi Medical to be delisted after tender offer
Link to Company News:{6501 JP <Equity> CN <GO>} Link to Company News:{6910 JP <Equity> CN <GO>}
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To contact the reporter on this story: Marco Lui in Tokyo at +81-3-3201-8963 or mlui11@bloomberg.net
To contact the editor responsible for this story: Gearoid Reidy at +81-3-3201-2141 or greidy1@bloomberg.net