The Tokyo Metropolitan Area supermarket "OK", which has filed an injunction against the procedure for the management integration proposal approved at the extraordinary general meeting of shareholders of "Kansai Supermarket", said that there was a problem in counting the approval and disapproval. In that case, it was revealed that it would propose to Kansai Super again a takeover bid for TOB = shares.
At the extraordinary general meeting of shareholders at Kansai Super at the end of last month, the proposal for a business merger with the operating company "H2O Retailing" such as Hankyu Hanshin Department Store was barely more than two-thirds of the shareholders in attendance required for approval. Was passed by.
Regarding this, OK, which intended to acquire Kansai Super, has filed a provisional disposition with the Kobe District Court seeking an injunction against the integration procedure, saying that there was a problem in counting the approval and disapproval at the general meeting.
OK announced the future policy on the 17th, and if the complaint is finally approved and the procedure is canceled, it will propose again to Kansai Super to make a takeover bid for 2250 yen per share. I made it clear.
On the other hand, if the petition is not approved, the company will not make a takeover offer and will sell the 7% stake in Kansai Super, which it holds, by asking the company to buy it in accordance with the law.
Kansai Super is scheduled to become a subsidiary of H2O on the 1st of next month, but the court's decision will be watched because the outcome of the allegation will affect the outcome of the integration.