IHS Chemical Week

Regions :: North Asia :: Japan

Mitsubishi Chemical launches $1-billion tender offer to become majority owner of Taiyo Nippon Sanso

1:09 PM MDT | May 22, 2014 | Francinia Protti-Alvarez

Mitsubishi Chemical is to become the majority shareholder of industrial gases producer Taiyo Nippon Sanso (Tokyo), according to a filing by Mitsubishi to the Tokyo Stock Exchange (TSE). Mitsubishi had held a 15% stake in Taiyo Nippon Sanso until December last year, when the former company increased its stake to 27% via a private placement of new shares. Mitsubishi now plans to launch a public tender offer to up its stake in Taiyo Nippon Sanso to 51% in a deal valued at about ¥107 billion ($1.05 billion), the filing says. The offer to buy as many as 104...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa