Japanese court puts Kansai's H2O Retailing merger on hold

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

TOKYO : A Japanese district court on Monday granted an injunction against Kansai Super Market Ltd's planned merger with H2O Retailing Corp.Supermarket operator OK Corp, which was also interested in buying Kansai Super Market, had sought the injunction over alleged irregularities with Kansai Super Market's

TOKYO : A Japanese district court on Monday granted an injunction against Kansai Super Market Ltd's planned merger with H2O Retailing Corp.

Supermarket operator OK Corp, which was also interested in buying Kansai Super Market, had sought the injunction over alleged irregularities with Kansai Super Market's vote counting process at the shareholder meeting that approved the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines