<p>Citigroup stated that it would offer a cash consideration of JPY1,700 per Nikko Cordial share, as opposed to its initial offer of JPY1,350 per share. <br /><br />A revision of the price for its planned tender offer followed the decision of the Tokyo Stock Exchange, Osaka Securities Exchange and Nagoya Stock Exchange to return Nikko Cordial&#0039;s shares to a normal trading status, which is expected to significantly improve Nikko Cordial&#0039;s outlook and prospects. <br /><br />According to MarketWatch, both companies have approved the launch of the tender offer at JPY1,700 per share.</p>