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AEON Co ( (JP:8267) ) has provided an update.
AEON Co., Ltd. has announced the commencement of a tender offer to acquire shares of TSURUHA Holdings Inc., aiming to make it a consolidated subsidiary. This move is part of a broader strategy to form the largest drugstore alliance in Japan and enhance competitiveness in Asia, following a definitive capital and business alliance agreement with TSURUHA Holdings and Welcia Holdings.
The most recent analyst rating on (JP:8267) stock is a Buy with a Yen2627.00 price target. To see the full list of analyst forecasts on AEON Co stock, see the JP:8267 Stock Forecast page.
More about AEON Co
AEON Co., Ltd. operates in the retail industry, focusing on a wide range of products and services, including supermarkets, convenience stores, and specialty stores. The company is a significant player in the Asian market, aiming to expand its influence and market share through strategic alliances and acquisitions.
Average Trading Volume: 9,092,362
Technical Sentiment Signal: Buy
Current Market Cap: Yen7839.6B
For an in-depth examination of 8267 stock, go to TipRanks’ Overview page.