Kadoya Sesame Mills considers going private as shares hit limit up

  • Kadoya Sesame Mills is exploring strategic options including a potential take-private transaction.
  • Kadoya Sesame Mills shares hit Tokyo's daily limit-up bid price on September 2.
  • The company said September 1 that no decisions had been made.

Kadoya Sesame Mills (2612.T), a Japanese sesame oil producer founded in 1858, is reviewing strategic options to enhance corporate value, including a potential take-private transaction. The company said on September 1 that no decision had been made. An English-language Mergermarket article distributed to paid subscribers prompted buying on September 2 as investors anticipated that a tender offer (TOB) could include a premium. The shares reached the Tokyo Stock Exchange's daily limit-up bid price. Details of any transaction, including its structure, timing and price, remain undecided.

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