Mandom Corporation
(Amendment) Notice Regarding Changes to the ‘Notice on the Commencement of Tender Offer for Shares of Mandom Corporation (Securities Code: 4917) by Caron Holdings Co., Ltd.’ Following the Submission of an Amendment to the Tender Offer Notification by Caron Holdings Co., Ltd.
Caron Holdings Co., Ltd. announced the extension of the tender offer period for shares of Mandom Corporation from January 20, 2026 to January 29, 2026, and the postponement of the settlement start date to February 5, 2026.
Key Figures
- Tender Offer Period: From September 26, 2025 to January 29, 2026 (81 business days)
- Settlement Start Date: February 5, 2026
- Number of Shares Held by Agreement Shareholders (CI11 etc.): 9,676,600 shares (21.44% ownership)
AI要約
Details of the Tender Offer Amendment
Caron Holdings Co., Ltd. submitted an amendment to the tender offer notification regarding Mandom Corporation's shares, extending the tender offer period from January 20, 2026 to January 29, 2026, and postponing the settlement start date from January 27, 2026 to February 5, 2026. This is due to the transfer of contractual positions under the tender offer agreements and the receipt of a legally binding letter of intent from KOHLBERG KRAVIS ROBERTS & CO. L.P. by the relevant parties.
Contracts with Agreement Shareholders and Future Plans
The tender offeror has entered into tender offer agreements with major shareholders, namely agreement shareholders (CI11 etc.) and agreement shareholders (Hibiki), and has also reached an agreement with agreement shareholder Ogawa Fragrance. Additionally, share transfer from the former Hibiki to the new Hibiki was conducted, necessitating the extension of the tender offer period. After the tender offer is concluded, an extraordinary general meeting of shareholders including an agenda item for share consolidation and abolition of the specified number of shares per trading unit pursuant to the Companies Act is scheduled to be held around late March 2026.