Flexible Electronics News

Canon Acquires Tokki

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Tokki Corporation  announced that Canon Inc. has completed the payment for shares of Tokki newly issued through a third-party allotment. Combined with the 8,101,620 shares acquired through the tender offer concluded on December 12, 2007, Canon has acquired 22,301,620 shares, which represents a 66.44% ratio of Tokki voting rights. As a result, Tokki has become a consolidated subsidiary of Canon. Through the acquisition by Canon, Tokki will be able to reinforce its financial position and streng...

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