ITOCHU CORP. SECURES ADDITIONAL SHARES IN FAMILYMART CO.; RAISED STAKE TO 65.71 PERCENT

Highlights –

• Itochu Corp. secures additional shares in FamilyMart Co.; raised stake to 65.71 percent.
• Itochu is planning to boost its holding from 50.1 percent to 65.71 percent.
• Itochu is willing to pay $22 per share.
• FamilyMart shares will be delisted from the Tokyo Stock Exchange.

On Tuesday, trading house Itochu Corp. secured additional shares in co....