Showa Denko Announces Change in Effective Date of Company Split
The Board of Directors, at a meeting also held today, passed a resolution to change the effective date of the company split.
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The Board of Directors, at a meeting also held today, passed a resolution to change the effective date of the company split.
Thursday, 27 May 2021, 5:26 am TOKYO, May 26, 2021 - (JCN Newswire) - As stated in "the Announcement of Execution of Master Agreement regarding Series of Transactions to Effect, among other matters, the Succession of the Aluminum Can and Aluminum Rolling Businesses through Company Splits (Simplified Absorption-Type Company Splits), and Result in Certain Consolidated Subsidiary Ceasing to be a Consolidated Subsidiary of Showa Denko K.K.", dated January 28, 2021, the Company originally planned to succeed the aluminum can business of the Company to Showa Aluminum Can Corp., which is a wholly ow...
Showa Denko K.K. Announces Execution of Master Agreement regarding Series of Transactions - to Effect, among other matters, the Succession of the Aluminum Can and Aluminum Rolling Businesses through Company Splits (Simplified Absorption-Type Company Splits), and Result in Certain Consolidated Subsidiary Ceasing to be a Consolidated Subsidiary of Showa Denko K.K. TOKYO, Jan 28, 2021 - (JCN Newswire) - This is to announce that the Company has decided to execute a master agreement (hereinafter referred to as the "Master Agreement") with a special-purpose company formed by funds managed by affili...