Nissin Corp tender offer amended after regulatory, shareholder approvals

Nissin Corporation [TSE:9066] announced that K.K. BCJ-98 has amended its tender offer for the company's common stock after receiving key regulatory and shareholder approvals. The amendment reflects the German Federal Cartel Office's clearance of the acquisition and confirmation from Nissin Kyoeikai to tender its 557,300 shares (3.78% stake). Additionally, employee and officer stock ownership associations, holding a combined 976,423 shares, have resolved to tender their shares, contingent on fulfilling amended association rules and restricted share transfer conditions. The offer, originally announced May 13, aims to delist Nissin from the Tokyo Stock Exchange. The tender offer remains subject to standard withdrawal conditions, including regulatory permissions.