SG Holdings Co (JP:9143) has released an update.
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SG Holdings Co., Ltd. has announced a correction to their initial notification regarding the tender offer for Chilled & Frozen Logistics Holdings Co., Ltd., including an amendment to the offered purchase price premium details. The decision reflects the completion of share confirmation, regulatory clearances, and the need to address misstatements in the original notification. The premium offered is notably higher than historical averages for similar transactions, underscoring the company’s commitment to a competitive bid.
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