Horii Food (3077) fell drastically. A business alliance with Gyokkodo HD and the implementation of TOB by the Azabudai No. 1 Limited Liability Business Association, where Gyokkodo HD is a member, have been announced. The purpose of TOB is to acquire 2,976,800 shares (52.5% of the number of issued shares) owned by OUNH, which is the parent company of the company, and it is a discount TOB with a TOB price of 330 yen. Existing shareholders are aware that it will lead to a decline in shareholder value.
ホリイフード---大幅反落、5割超の株式をディスカウントTOB
Horii Food --- sharp decline, discount TOB for stocks over 50%
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