FilingReader Intelligence
Orix subsidiary's Ascentech takeover bid fails
August 4, 2025 at 11:59 PM UTC•By FilingReader AI
OPI18 Corporation, an Orix subsidiary, failed to acquire enough Ascentech shares in its tender offer at 1,680 yen per share.
The bid attracted 9,259,301 shares, falling short of the 9,546,000 minimum required. OPI18 will not purchase any tendered shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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