Ichikawa Co., Ltd. offered to acquire 10.88% stake in Aiphone Co., Ltd. from Shusaku Ichikawa.
November 05, 2012 at 09:30 am IST
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Ichikawa Co., Ltd. offered to acquire 10.88% stake in Aiphone Co., Ltd. (TSE:6718) from Shusaku Ichikawa on November 5, 2012. The shares will be acquired through a tender offer and the transaction is expected to close on November 6, 2012.
Aiphone Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of telecommunications equipment. The Company is involved in the manufacture and sale of products in five geographic business segments including Japan, Thailand, Vietnam, North America and Europe. The Companyâs main products consist of detached houses systems, collective housing systems, medical and welfare facilities systems, offices and factories systems. In addition, the Company also provides installation, contract and repair services for its products. The Companyâs main products include television door phone, VIXUS, raku touch, security television door phone recording 1& 3, NFX, NBM-DN and others. In addition, the Company is engaged in the software development business.
AIPHONE CO.,LTD. 
