Nippon Dry-Chemical Co., Ltd.
Announcement of the results of the tender offer by TCG2511 Corporation and changes in the parent company, major shareholders, and the top shareholder
The public tender offer for Nihon Dry-Chemical shares by the tendering company TCG2511 has succeeded. The tender period is from 2026/5/14 to 2026/6/29, and the offer price is 3,730 yen per share. Upon completion, from 7/6, changes in the parent company and major shareholders are expected, with ALSOK losing its position as top shareholder. Attention is needed regarding future delisting procedures and significant changes in the shareholder composition. Up to 22,403,872 shares may be acquired.
Key Figures
- Tender price: 3,730 yen
- Number of tendered shares: 14,162,145 shares
- Lower bound of tendered shares: 13,465,700 shares
AI要約
Overview of the TOB and its completion
The public tender offer for Nihon Dry-Chemical shares by TCG2511 Corporation has been completed as the total number of tendered shares exceeded the lower bound of the tendered quantity. The tender period runs from May 14, 2026 to June 29, 2026, and the offer price is 3,730 yen per share.
Prospects for future shareholder composition and delisting
Following completion, on July 6, 2026, the tenderer is expected to become the parent company and a major shareholder, including the top shareholder. ALSOK will lose its position as top shareholder. Delisting procedures are expected to proceed in accordance with the delisting criteria.
Nihon Dry-Chemical Co., Ltd.
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