Loading


Determination of the Price for the Acquisition of 100 Percent Equity Interest in KABELSCHLEPP GmbH



The Company's Official Page[PDF]
http://tsubakimoto.com/pdf/ir/e_news20100317.pdf
Back To Previous Page


March 17, 2010

Name of the company: Tsubakimoto Chain Co.
Code number: 6371
Stock exchange listings: Tokyo, Osaka
Representative: Isamu Osa, President and Representative Director
Inquiries: Tetsuya Yamamoto
Senior Manager, Corporate Planning Department
Tel: +81 (6) 6441-0054
Regarding the determination of the acquisition price for the acquisition of 100 percent
equity interest in KABELSCHLEPP GmbH

In regards to acquisition of 100 percent equity interest in KABELSCHLEPP GmbH, (Headquarters: Wenden,
Germany. "Kabelschlepp") and making the company a subsidiary that was announced on February 24, 2010,
the acquisition price has been determined and the details of which are listed below.

1. Acquisition price
20,000,000 euros
2. Schedule
1. Conclusion of contract regarding transfer of equity ownership: March 16, 2010 (German time)
2. Transfer date: Early April 2010 (provisionary)
3. Impact on current consolidated results
As noted in the February 24, 2010 statement, Kabelschlepp is scheduled to become a consolidated
subsidiary of Tsubakimoto Chain from the financial year ending March 2011. Accordingly, the
equity acquisition of Kabelschlepp will have no impact on Tsubaki's current consolidated results.


Related Latest News
"Tsubakimoto Chain Co." more
"Machinery" Listed Companies more
"Osaka" Companies more

WARNING: (1) Because this website uses a computer program to automatically collect and display press-release text information, errors or inaccuracy may occur. Double-check with information on these companies' official websites. (2) A press release may contain facts, figures and preliminary forward-looking statements which are subject to change.
Latest Press Release Search


Fukushima | power supply | cloud | solar
*NOTE: Recommended keywords shown above.
Your Most Recently Viewed Companies
Visit any of the company pages in JPubb, and your most recently viewed companies will automatically show up here.