Aeon Co., Ltd.
Notice of Partial Change Regarding the Scheduled Commencement of Tender Offer for TSURUHA Holdings Inc. (Securities Code 3391)
Aeon Co., Ltd. has revised the conditions for the scheduled commencement of the tender offer dated April 11, 2025, by proportionally adjusting the tender offer price from ¥11,400 to ¥2,280 and the number of shares to be purchased from 11,357,170 shares to 57,012,650 shares following the stock split of TSURUHA Holdings Inc. (1 share → 5 shares).
Key Figures
- Tender offer price: ¥2,280 per common share (adjusted due to stock split)
- Number of shares to be purchased: 57,012,650 shares (adjusted due to stock split)
- Ownership ratio of voting rights after tender offer: approximately 50.66%
AI要約
Regarding Changes to Tender Offer Conditions
Aeon Co., Ltd. has proportionally adjusted the tender offer price from ¥11,400 per share to ¥2,280 and the number of shares to be purchased from 11,357,170 to 57,012,650 shares in connection with the stock split (1 share split into 5 shares) of TSURUHA Holdings Inc., as announced on April 11, 2025. There are no changes to other tender offer terms or the scheduled commencement period (around early December 2025).
Impact on Shareholders and Future Plans
The ownership ratio of voting rights held by the tender offeror is expected to increase from approximately 38.86% before the tender offer to about 50.66% after. The share of voting rights held by special related parties after the tender offer is expected to be 0%. The decision to proceed with the tender offer will be formally confirmed upon satisfaction or waiver of all prerequisites, and detailed information will be promptly announced once decided.
