Filed by JX Holdings, Inc.
Pursuant to Rule 425 under the U.S. Securities Act of 1933
Subject Company: TonenGeneral Sekiyu K.K. (File Number: 132-02800)
Dated December 19, 2016
December 19, 2016
| Company name: | JX Holdings, Inc. | |
| Representative: | Yukio Uchida | |
| Representative Director, President | ||
| Stock code: | 5020; first section of Tokyo Stock Exchange and Nagoya Stock Exchange | |
| Contact: | Investor Relations Group | |
| Finance & Investor Relations Department | ||
| Phone number: | +81-3-6257-7075 | |
| Company name: | TonenGeneral Sekiyu K.K. | |
| Representative: | Jun Mutoh | |
| Representative Director, President | ||
| Stock code: | 5012; first section of Tokyo Stock Exchange | |
| Contact: | Public Relations & CSR | |
| EMG Marketing Godo Kaisha | ||
| Phone number: | +81-3-6713-4400 |
Results of the JFTC Review of the Proposed Business Integration
JX Holdings, Inc. (“JXHD”) and TonenGeneral Sekiyu K.K. (“TonenGeneral”) are pleased to announce that the review by the Japan Fair Trade Commission (“JFTC”) of their proposed business integration scheduled for April 1, 2017 is completed and that the JFTC has cleared the business integration, subject to certain remedial measures being implemented.
For details of the remedial measures, please see the JFTC press release available at the JFTC website (http://www.jftc.go.jp/en/pressreleases/categories/mergers/index.html).
JXHD and TonenGeneral continue to work towards completion of the business integration on April 1, 2017.
< Reference: Development >
| February 29, 2016 | Notification of the proposed business integration filed with the JFTC; First JFTC review commenced. |
| March 30, 2016 | Secondary JFTC review commenced. |
| December 19, 2016 | JFTC clearance obtained. |