FilingReader Intelligence

Sumitomo corporation's SCSK tender offer successfully concludes

December 13, 2025 at 01:39 AM UTCBy FilingReader AI

The tender offer by Sumitomo Corporation and SC Investments Management for SCSK Corporation's common shares and stock acquisition rights concluded on December 12, 2025. The offer successfully acquired 119,130,014 shares, exceeding the minimum target of 50,347,400 shares. All tendered shares will be purchased.

The purchase price for common shares was JPY 5,700 per share. For the second and eighth series of stock acquisition rights, the price was JPY 1 per right. Post-acquisition, SC Investments Management's ownership percentage in SCSK Corporation will be 38.09% of voting rights, based on 3,127,931 voting units after considering potential shares.

Following the tender offer, Sumitomo Corporation and SC Investments Management intend to execute procedures to make SCSK Corporation their sole shareholder. This may lead to SCSK Corporation being delisted from the Tokyo Stock Exchange Prime Market. The transaction's settlement date is scheduled for December 19, 2025.

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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