Asahi gains 61% of Charlie's
More shareholders accept Japanese company's takeover offer.
More shareholders accept Japanese company's takeover offer.
Japanese beverage company Asahi is making steady progress with its takeover offer for Charlie's Group (NZX:CHA), and has now received acceptances for 61.5% of its shares.
Asahi received Overseas Investment Office approval for the purchase earlier this week.
The offer of 44c per share values Charlie's at $129.3 million and is due to close on August 19.