25-10-2012, 12:35 PM
(25-10-2012, 12:01 PM)wsreader Wrote: Only 551k shares voted against the delisting.
Even if the shareholders of all 551k shares choose to become private shareholders, Suntory will have the necessary majority to make it into a compulsory acquisition. So you may not have to think too hard.
To execute compulsory acquisition Suntory must own 98.26% of the co. (82.58% + 90% of 17.42% <Minority holdings>).
Is it easily achievable?