Showa Denko Announces Share Transfer with Change in Subsidiary Tender Offer successfully ended on April 15
BriefingWire.com, 4/16/2021 - TOKYO - (JCN Newswire) - As stated in Notice of Execution of Basic Agreement regarding Tender Offer over Subsidiary as of March 4, 2021, Showa Denko K.K. (hereinafter referred to as the Company ) entered into a basic agreement setting forth among others, the application for 3,160,306 shares (hereinafter referred to as the Applied Shares ) of SHOKO CO., LTD. (Code number 8090, listed on the First Section of Tokyo Stock Exchange; hereinafter referred to as SHOKO ), the Company s consolidated subsidiary, among the shares of SHOKO owned by the Company, in a tender offer (hereinafter referred to as the Tender Offer ) for the common shares issued by SHOKO (hereinafter referred to as the SHOKO Shares ) with the Tender Offer being made by SKT Holdings Ltd., (hereinafter referred to as SKTHD ), a w