Photocreate Co Ltd :
* Says the unit of Culture Convenience Club Co.,Ltd. offered a takeover bid for 1.1 million shares (no less than 690,062 shares) of the co
* Says the minimum number of shares to be purchased(690,062 shares) is representing a 45.1 percent stake in the co
* Says once the number of tendered shares is less than the minimum number of shares to be purchased, the unit will not purchase any of the tendered shares
* Says offered purchase price at 1,950 yen per share
* Says offering period from Aug. 12 to Sep. 26
* Says settlement starts on Sep. 30
Source text in Japanese:goo.gl/fN1vBs; goo.gl/IwDZ5P
Further company coverage: (Beijing Headline News).
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Source: Reuters.com
