Deals
OSE Declines Comment on Report Shareholders Want New Deal Terms
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An Osaka Securities Exchange Co. spokesman declined to comment on a report shareholders want management to demand better terms for Tokyo Stock Exchange Group Inc.’s takeover bid.
“The opinions of the shareholders aren’t public and I can’t comment on anything beyond what’s in the public record,” said bourse spokesman Masahiro Yada. Shareholders are pushing for better terms in the deal announced Nov. 22, the Financial Times reported today, citing investors it didn’t name. The price is set and won’t be revised, Osaka bourse President Michio Yoneda, said in an interview with Bloomberg News on Feb. 8.