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NTT DOCOMO Acquires Stake in Radishbo-ya
 

Tokyo, Mar 14, 2012 (JCN) - NTT DOCOMO INC. has secured 5,294,668 shares worth 4,980 million yen (about $62 million) of Radishbo-ya Co. Ltd, a premium home-delivery service provider offering organic and preservative-free foods. This is equivalent to 75.74 percent of the total number of shares issued by Radishbo-ya.

DOCOMO offered to acquire all shares tendered during the tender offer period from January 31 to March 12, 2012 on the condition that it could acquire a minimum 3,706,600 shares. Meeting this condition, DOCOMO will acquire all the shares tendered. Settlement of the tender offer will commence on March 19, wherein Radishbo-ya will become a consolidated subsidiary of DOCOMO.

By Saroj Shrestha Staff Writer

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