On the 24th, "Kansai Supermarket", which is in a battle between distribution companies in the Tokyo metropolitan area and Kansai, released a document saying that it is desirable to integrate the business with "H2O Retailing" headquartered in Osaka City. bottom.
Last month, Kansai Super, which is based in Hyogo and Osaka, announced that it would merge with H2O Retailing, which operates Hankyu Hanshin Department Store, etc., to become a subsidiary, but it will be based in the Tokyo metropolitan area. Super "OK" has proposed a takeover bid for TOB = shares to Kansai Super, and it is in a battle for competition.
Under these circumstances, Kansai Super released a document on the 24th that it is desirable to integrate the business with H2O.
According to it, "I am confident that it is the best choice" because it can be made more efficient by unifying and joint delivery of suppliers with other supermarkets such as "Izumiya" under H2O. ..
On the other hand, there are no plans to agree with OK's proposal at this time because the customer base and product composition are different.
Kansai Super wants to hold a general meeting of shareholders at the end of next month to get approval for the integration with H2O, but OK, which is also a shareholder of Kansai Super, is repulsing, and both claims are other shareholders The focus is on getting an understanding of.
Okay "I will try to make shareholders understand"
OK, which had sent a questionnaire to Kansai Supermarket saying that the explanation of the effect of the business integration was insufficient, said on the document of Kansai Super on the 24th, "Our proposal will contribute to the interests of Kansai Super and shareholders. I am convinced once again that I will make every effort to gain the understanding of shareholders in the end. "