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Nanno Construction Co Ltd &
Pan Pacific Advisory Services
Update Date: 07/20/06
Date Announced: 10/04/05
Value (million $USD): 37.2 million U.S. Dollar
4.25 billion Japanese Yen
Status: Completed
TRANSACTION DETAILS
Date Announced10/04/05
Date Originally Announced10/04/05
FormatAcq. Part. Int.Acquisition techniquesPrivately Negotiated Purc; Financial Acquiror
AttitudeFriendlyAgencyn/a
Value37.2 million U.S. Dollar
4.25 billion Japanese Yen
Advisor Feesn/a
SYNOPSIS
JAPAN - Pan Pacific Advisory Services acquired a 19.26% stake, or 62.5 mil newly issued ordinary shares, on a fully-diluted basis, in Nanno Construction Co Ltd (NC), a provider of civil engineering services, for 68 Japanese yen ($0.595 US) in cash per share, or a total value of 4.25 bil yen ($37.205 mil), in a privately negotiated transaction. Concurrently, Rolyal Toshijigyo Kumiai, Aurora Investment Toshijigyo Kumiai and Rocket High Investments Ltd planned to acquire 18.8% stake, 6.16% stake and 3.08% stake in NC.
TARGET
NameNanno Construction Co Ltd (Jasdaq : 1783)
IndustriesResidential construction, nec; Industrial buildings and warehouses; Nonresidential building construction, nec; Highway and street construction; Bridge, tunnel, and elevated highway construction; Water, sewer, pipeline & utility line construction; Plumbing, heating and air conditioning; Electrical work; Masonry, stone setting, and other stone work; Plastering, drywall, acoustical & insulation work; Carpentry work; Floor laying and other floor work, nec; Roofing, siding, and sheet metal work; Concrete work; Special trade contractors, nec; Heavy construction, nec; Single-family housing construction
CityOsaka
Staten/a
NationJapan
Incorporated inn/a
Public StatusPublic
Business DescriptionProvide civil engineering and construction services
AdvisorsNULL
Target Sales23.5 million U.S. Dollar
2.67 billion Japanese Yen
ACQUIROR
NamePan Pacific Advisory Services
IndustriesManagement investment offices, open-end; Investment offices, nec; Investors, nec
CityOrange,
StateCA
NationUnited States
Incorporated inCA
Public StatusPrivate
Business DescriptionInvestment management services
AdvisorsNULL
Acquiror Salesn/a
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