2021.11.18 20:36Nation

最高裁、アジア開発の抗告棄却 東京機械の買収防衛策めぐり

 最高裁第3小法廷(林道晴裁判長)は18日、新聞印刷用の輪転機大手、東京機械製作所による買収防衛策の差し止めを求めた投資会社アジア開発キャピタルの特別抗告と許可抗告を全員一致で棄却した。最高裁は、訴えを棄却した東京高裁決定を「正当として是認することができる」と判断した。(2021/11/18-20:36)

2021.11.18 20:36Nation

Top Court Nixes Appeals against Tokyo Kikai Takeover Defense


Japan's Supreme Court dismissed on Thursday appeals by Asia Development Capital Co. requesting an injunction against a takeover defense measure by newspaper printing press maker Tokyo Kikai Seisakusho Ltd. .
   The appeals were dismissed in a unanimous decision by the top court's Third Petty Bench.
   The Supreme Court concluded that Tokyo High Court's rejection of Asia Development Capital's call for blocking the defense measure was justifiable.
   On Wednesday, Asia Development Capital, a Tokyo-based investment company, submitted a written pledge to lower its equity ownership in Tokyo Kikai from the current level of some 40 pct to 32.72 pct by the end of February 2022.
   Following the pledge, Tokyo Kikai said that it will withhold invoking the defense measure against the takeover bid by Asia Development Capital. Tokyo Kikai had planned to launch such a measure on Friday.

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