SBI Holdings, a major online finance company, has extended the tender offer period for TOB = shares to Shinsei Bank by two days until next month.
This is a measure that accompanies Shinsei Bank's change of opinion on the TOB to "neutral."
On the 24th, Shinsei Bank changed from "opposition" to "neutral" over the takeover bid by SBI Holdings.
In response to this, SBI submitted a correction notification form for the tender offer to the Kanto Finance Bureau.
According to the provisions of the Financial Instruments and Exchange Act, etc., it takes 10 business days or more from the submission of the correction notification to the end date of the purchase, so SBI has extended the tender offer period by 2 days to the 10th of next month.
There is no change in the purchase price of 2000 yen per share and the upper limit of the acquisition ratio of up to 48%.