Itochu Corporation · TSE:8001
Itochu — Merger or Acquisition (July 2014)
8 slides from Itochu's merger presentation, Jul 24, 2014
Slide 1: Notice of Conclusion of a Strategic Alliance with Charoen Pokphand Group
> Notice of Conclusion of a Strategic Alliance with Charoen Pokphand Group July 24th, 2014 ITOCHU Corporation Brand-new Deal 2014 1
Slide 2: Contents of Our Public Announcement
> Contents of Our Public Announcement １． Strategic Alliance with Charoen Pokphand Group Concluded a Strategic Alliance Agreement with one of Asia’s leading conglomerates ２． 25% capital investment of ITOCHU in C.P. Pokphand Co. Ltd. Invest in feed, livestock and aqua products business in China and Vi
Slide 3: Strategic Alliance with CP Group: Organization
> １．Strategic Alliance with CP Group ① Organization Organization Chart of Charoen Pokphand Group（“CP Group”） CPG has developed a diversified business portfolio in Thailand, China, Vietnam and other markets including food related, retail, Information Communication and Technology (“ICT”), insuranc
Slide 4: Strategic Alliance with CP Group: History
> １．Strategic Alliance with CP Group ② History Owned by Mr. Dhanin Chearavanont and his family, CP Group was founded in early 1920’s and started its business from vegetable seeds trading. The group expanded its domestic business in Thailand, and developed manufacturing/processing of feed, livestoc
Slide 5: Strategic Alliance with CP Group: Purpose
> １．Strategic Alliance with CP Group ③ Purpose To pursue new opportunities globally and to further expand revenue in the non- resource sector by partnering and strengthening our cooperation with CP Group. As a first step, we will cooperate in feed, livestock and marine related business and seek
Slide 6: Investment of ITOCHU in CPP of 25%
> ２．Investment of ITOCHU in CPP of 25% As a part of the strategic alliance, ITOCHU will acquire approx. 6,018 mil common shares (25% of voting rights) of C.P. Pokphand Co. Ltd.（“CPP”) from Charoen Pokphand Foods Public Company Limited（“CPF”） and its subsidiary at a price of approx. HK$6,620 mil (H
Slide 7: CP Group to Invest Approx. 4.9% in ITOCHU
> ３. CP Group to Invest Approx. 4.9% in ITOCHU We have agreed to a capital participation by CP Group in ITOCHU, for the purpose of maximizing the effect of the business alliance. Summary of the Third Party Allotment of Shares Number of Allotment Common Stock 78,000,000 Shares Shares Payment Amou
Slide 8: Share Buy-Back of ITOCHU
> ４. Share Buy-Back of ITOCHU ITOCHU has passed resolution on the possible actions regarding buy-back of its shares as a countermeasure to absorb any negative effects if any, due to the dilution of shares from the third party allotment of new shares under the strategic alliance with CP Group, with