Japan's AZ-COM Maruwa launches tender offer for Chilled & Frozen Logistics-March 2024-www.financetom.com

Japan's AZ-COM Maruwa launches tender offer for Chilled & Frozen Logistics

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Japan's AZ-COM Maruwa launches tender offer for Chilled & Frozen Logistics

Mar 20, 2024 11:49 PM

TOKYO, March 21 (Reuters) - Japan's AZ-Com Maruwa ( MUKCF )

said on Thursday it was launching a tender offer for

Chilled & Frozen Logistics at 3,000 yen per share.

The Nikkei newspaper earlier reported that the deal would

value C&L at about 80 billion yen ($530 million), and the tender

would be extended with or without approval from management of

the target company.

($1 = 150.9100 yen)

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