SENKO Group Holdings Co., Ltd.
Announcement on the Results of the Tender Offer for Maruun Co., Ltd. (Securities Code: 9067) and Change in Subsidiary Status
SENKO Group Holdings acquired 16,484,918 common shares (57.86% voting rights) of Maruun Co., Ltd., paying 15,644 million yen, and plans to make it a consolidated subsidiary effective March 12, 2026.
Key Figures
- Number of Shares Acquired: 16,484,918 shares (total number of tendered shares)
- Acquisition Price: 15,644 million yen
- Voting Rights Ownership Ratio After Acquisition: 57.86%
AI要約
Regarding the Results of the Tender Offer
SENKO Group Holdings Co., Ltd. acquired 16,484,918 shares in the tender offer of Maruun Co., Ltd. conducted from January 26 to March 5, 2026. Since the number of shares tendered significantly exceeded the planned minimum acquisition of 3,200,400 shares, all tendered shares were purchased. The purchase price was 949 yen per share, bringing the acquisition cost to 15,644 million yen. Consequently, the company’s voting rights ownership ratio increased from 0.79% to 57.86%.
Change in Subsidiary Status and Future Outlook
Maruun Co., Ltd. will become a consolidated subsidiary of SENKO Group Holdings on March 12, 2026, the settlement start date of the tender offer. Going forward, a squeeze-out procedure will be implemented to ultimately set the voting rights ownership ratio to 80.00% for the tender offeror and 20.00% for JX Nippon Mining & Metals Corporation. The shares of the target are expected to be delisted, and the impact on the consolidated financial results of the tender offeror is currently under review.
