Nice Corporation
Notice of Extension of Tender Offer Period for Sankei Co., Ltd. | July 2026
Nice Corporation has decided to extend the tender offer period for Sankei Co., Ltd. until July 28, 2026, making the total offer period 40 business days. The purchase price is 601 yen per share, and the planned purchase quantity has a lower limit of 402,600 shares.
Key Figures
- Purchase price: 601 yen/share
- Purchase period: June 2, 2026 - July 28, 2026
- Lower limit of planned purchase: 402,600 shares
AI要約
Overview of the Tender Offer
Nice Corporation has extended the tender offer period for Sankei Co., Ltd. from June 2, 2026, to July 28, 2026, totaling 40 business days. The purchase price is 601 yen per share, with a minimum planned purchase of 402,600 shares. The purpose of the tender offer is to become a wholly owned subsidiary. The extension of the period provides shareholders with additional opportunity for decision-making. Along with the extension, the settlement start date has also been changed to August 4, 2026.
Background of the Purchase and Future Outlook
The extension was made considering the response and outlook of the shareholders of the target company. To ensure fairness of the tender offer, the period has been set to the maximum legally allowable 40 business days. Restrictions on contact with competing bidders and plans for share consolidation are also indicated. Moving forward, upon successful completion of the tender offer, the company intends to proceed with share consolidation and amendments to the Articles of Incorporation to aim for full subsidiary status.
Nice Corporation
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