PR Newswire/Les Echos/
Sèvres, France and Nagoya, Japan on December 4, 2012
RESULT AND REOPENING OF THE CASH TENDER OFFER INITIATED BY TOYOTA TSUSHO
CORPORATION ON CFAO SHARES
As indicated in the 'Autorité des marchés financiers' ("AMF") notice dated
November 30, 2012 (D&I n°212C1588), 35,931,623 CFAO shares have been tendered
to the cash tender offer initiated by Toyota Tsusho Corporation ("TTC") on CFAO
shares for a price of 37.5 euros per share (the "Offer").
As a result, at the settlement date of the Offer, TTC will hold 54,266,329 CFAO
shares representing 88.20% of CFAO's share capital and voting rights.
In its notice dated December 3, 2012 (D&I n°212C1596), the AMF indicated that
the Offer will be reopened for a 10 trading day- period beginning on
December 4, 2012 and ending on December 17, 2012 (included), in accordance with
provisions of article 232-4 of its General Regulation.
TTC reminds that if, at the end of the reopened Offer, minority shareholders
represent less than 5% of capital and voting rights of CFAO, it reserves the
possibility to implement within the three months following the end of the
reopened Offer, a squeeze-out procedure at a price of 37.5 euros per CFAO
TTC's tender offer document (AMF visa n° 12-493 dated October 16, 2012) as well
as the document containing the other information relating to the
characteristics, in particular legal, financial and accounting, of TTC are
available on AMF's website (www.amf-france.org) and on the website of TTC
(www.toyota-tsusho.com), and may be obtained free of charge upon request to
Crédit Agricole Corporate & Investment Bank, 9 quai du Président Paul Doumer
92920 Paris La Défense Cedex and Rothschild & Cie Banque, 29 avenue de Messine,
The response document to the tender offer initiated by TTC, prepared by CFAO
(AMF visa n°12-494 dated October 16, 2012), together with the document
containing the other information relating to the characteristics in particular
legal, financial and accounting characteristics of CFAO, are available onAMF's
website (wvvw,amf-france.org) and on the website of CFAO (www.cfaogroup.com)
and may be obtained free of charge upon request at the registered offices of
CFAO, 18 rue Troyon, 92316 Sèvres, France and of Société Générale,
CORI/COR/FRA, 75886 Paris Cedex 18, France.
About Toyota Tsusho Corporation
Toyota Tsusho is a general trading company that develops business together with
over 500 consolidated Group companies in Japan and overseas around the world,
via a global network covering Japan and more than 60 other countries
Toyota Tsusho has a divisional system made up of seven divisions, namely the
Metals Division, the Global Production Parts & Logistics Division, the
Automotive Division, the Machinery, Energy & Project Division, the Chemicals &
Electronics Division, the Produce & Foodstuffs Division, and the Consumer
Products, Services & Materials Division.
With this system, the company provides products and services in a broad range
of business domains that are essential to realize the creation of a prosperous
and fulfilling society.
TTC reported consolidated net sales of 5,916 billion yen for the fiscal year
ended March 31, 2012.
CFAO is the foremost specialized retail brand in its main business areas -
vehicle and pharmaceuticals distribution - in Africa and the French overseas
territories. In Africa, CFAO also distributes equipment, produces and
distributes consumer goods and is a provider of a number of technologyrelated
services. CFAO is present in 34 countries, 31 of which are in Africa and seven
in the French overseas territories, and had a headcount of 10,100 at end-2011.
In 2011, CFAO generated consolidated revenue of EUR3,124 million and recorded
recurring operating income of EUR256.3 million.
CFAO posted 2012 third-quarter revenue of EUR911.5 million, up 17.1% in the
third quarter. Over the first nine months of the year, the revenues reached
EUR2,654.6 million, up 17.2%.
CFAO is listed on NYSE Euronext in Paris and is included in the SBF120 and
CAC Mid 60 indices.
Find CFAO on Bloomberg: CFAO:FP and Reuters: CFAO.PA To find out more, go to
Director of Communications
+33 1 46 23 58 80
Investor and Analyst Relations
Vice President Financial Communications and Investor Relations
+33 1 46 23 56 51
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-0- Dec/04/2012 09:10 GMT
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