CUC Inc.
Notice Regarding Completion of Non-Participation Agreement for Public Tender Offer on Investment Securities
The company will not participate in the public tender offer for HYUGA PRIMARY CARE shares by tendering 840,000 shares. Subsequently, some shares will be sold and/or applied to the target's own tender offer, with a plan to complete a share exchange that makes the tender offeror a wholly owned subsidiary. The transaction is not expected to affect consolidated earnings for the fiscal year ending March 2027, while the parent company's ownership stake is expected to increase by 176 million yen.
Key Figures
- Total target shares: 840,000 shares
- Expected increase in parent equity: 176 million yen
- Tender period: 2026/9/28 to 2026/11/10
AI要約
Overview of the transaction
CUC Inc. has concluded a non-participation agreement regarding its public tender offer for HYUGA PRIMARY CARE shares, under which 840,000 target shares will not be tendered. Subsequently, it has agreed to sell and tender a portion of shares to the target's own tender offer. Ultimately, through a share exchange that makes the tender offeror the wholly owning parent, the company will maintain indirect ownership in the tender offeror with an 11.09% voting rights stake.
Outlook and impact
Completion of the transaction is not expected to affect the fiscal year ending March 2027 profits, while the equity attributable to owners of the parent is expected to rise by 176 million yen. The schedule for the deal is: TOB period from September 28, 2026 to November 10, 2026; settlement start date on November 17, 2026; treasury stock tender period from November 18, 2026 to December 16, 2026.
CUC Inc.
Company overview · Stock price · Financial data · All IR
