• Kyodo News


Fuji Media Holdings Inc., the parent company of Fuji Television Network Inc., said Thursday it has successfully completed a tender offer for shares of Cecile Co., a mail-order retailer, to enhance its mail-order operations.

The holding company said its Fuji Media Service arm received an offer of 33.82 million Cecile shares equal to 78.08 percent of the retailer’s outstanding shares. It will buy all of the offered shares for about ¥6 billion, or ¥180 per share.

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