Nintendo founder's family office set to raise Toyo bid -source

Nintendo founder’s YFO set to raise Toyo bid -source

By Makiko Yamazaki TOKYO (Reuters) -The family office linked to Nintendo's founder plans to raise its buyout bid for Japan's Toyo Construction, a source told Reuters, after it successfully reshuffled the board that had resisted its offer. Yamauchi-No.10 Family Office (YFO), Toyo's largest investor with a 28.51% stake, is now planning to offer 1,255 yen ($8.44) per share, up from its initial offer last year of 1,000 yen, the source with direct kn…

Nintendo founder's family office set to raise Toyo bid -source

TOKYO : The family office linked to Nintendo's founder plans to raise its buyout bid for Japan's Toyo Construction, a source told Reuters, after it successfully reshuffled the board that had resisted its offer.Yamauchi-No.10 Family Office (YFO), the largest investor with some 28 per cent in Toyo, is now p