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- Mitsui & Co., Ltd.
Corporate Communications Division
Mitsui & Co., Ltd ("Mitsui") announced today that Mitsui has accepted a voluntary conditional cash offer for BALtrans Holdings Limited ("BALtrans") offered by Toll (BVI) Limited and sold all its 75,875,125 shares (24.278% of total issued shares) for approximately HK$588million (approx. JPY 8.1billion).
This sale dissolves Mitsui's shareholders alliance with BALtrans. However, Mitsui will tie up with strong partners and expand our global logistics network in Asia.
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.