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Name | Symbol | Market | Type |
---|---|---|---|
Itochu Corp (PK) | USOTC:ITOCY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.23 | 0.23% | 101.82 | 101.00 | 103.74 | 102.09 | 96.9201 | 96.9201 | 40,709 | 21:01:02 |
Japanese trading company Itochu Corp. (8001.TO) is joining private equity company KKR & Co. (KKR) in its $7 billion-plus bid for U.S. oil and gas company Samson Investment Co., Reuters reported Monday on its website, citing unnamed sources.
Itochu would have a 25% stake in the deal, while KKR would hold 60%, the report cited the sources as saying. Other private equity investors, led by NGP Energy Capital Management and Crestview Partners, would have a 15% stake, the report said.
The deal between KKR and Samson is near completion and is expected to be announced as early as Tuesday, the report quoted two of the sources as saying.
KKR declined comment, while Samson couldn't be immediately reached for comment and Itochu, NGP and Crestview didn't immediately respond to a request for comment, the report said.
Full Story: http://www.reuters.com/article/2011/11/22/us-samson-kkr-idUSTRE7AK2C820111122
1 Year Itochu (PK) Chart |
1 Month Itochu (PK) Chart |
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