FilingReader Intelligence
Taisei launches tender offer for Toyo Construction
August 8, 2025 at 12:39 PM UTC•By FilingReader AI
Taisei Corporation will launch a tender offer for Toyo Construction at 1,750 yen per share, seeking to make it a wholly-owned subsidiary. The offer's minimum threshold is 33,035,700 shares, representing 35.02% of Toyo Construction's shares.
Major shareholders Maeda Road Construction and YFO have agreed to facilitate the acquisition through coordinated tendering arrangements.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:1801•Tokyo Stock Exchange
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