Kuze Co., Ltd. cancelled the acquisition of 10% stake in Tokyo Central Food Corporation.
February 25, 2019
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Kuze Co., Ltd. (JASDAQ:2708) agreed to acquire 10% stake in Tokyo Central Food Corporation on February 26, 2018. Under the terms of the transaction, Kuze Co., Ltd. will acquire 0.01 million shares of Tokyo Central Food Corporation. The transaction was resolved by the Board of Directors on February 26, 2018. The agreement is expected to be concluded as well as the transaction is expected to close on March 1, 2018.
Kuze Co., Ltd. (JASDAQ:2708) cancelled the acquisition of 10% stake in Tokyo Central Food Corporation on February 26, 2019.
KUZE CO., LTD. is a Japan-based company mainly engaged in the wholesale of food and related materials. The Company operates in three business segments. The Food Wholesale segment is engaged in the sale of foodstuffs and materials such as frozen food for business use, refrigerated food, fresh food to the food service industry. The Food Manufacturing segment manufactures and sells commercial soups, sauces and bouillon products. The Real Estate Leasing segment is engaged in the leasing of real estate properties.