Shinsei Bank will continue to request an extension of the TOB period after not answering the four conditions required by the SBI side regarding the extension of the TOB = tender offer period by SBI Holdings, a major online finance company. Was announced.
SBI is conducting a takeover bid from the 10th of this month to the 25th of next month with the aim of buying up to 48% more shares in Shinsei Bank.
While Shinsei Bank is demanding an extension of the TOB period, the SBI side should hold a general meeting of shareholders asking whether to implement takeover defense measures as a condition to respond to it at the shortest possible timing. It showed four items such as.