Japan's stationery maker Kokuyo to launch unsolicited takeover bid for Pentel

Japan's stationery maker Kokuyo to launch unsolicited takeover bid for Pentel

Kyoto, Japan. Photo: Alex Wolfe/Unsplash

Japanese stationery supplies maker Kokuyo Co Ltd said on Friday it aimed to take a majority stake in Pentel through a tender offer, stepping up an aggressive move on a rival in a country where hostile takeovers are uncommon.

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