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AEON Moves to Take SUNDAY Co. Private via All-Share Tender Offer

Story Highlights
  • AEON has launched an all-share tender offer to acquire all remaining shares and options of SUNDAY Co. at ¥1,280 per share.
  • Already controlling about 76.7% of SUNDAY, AEON plans squeeze-out steps if needed, framing the tender as clearer and fairer for minority shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AEON Moves to Take SUNDAY Co. Private via All-Share Tender Offer

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The latest announcement is out from AEON Co ( (JP:8267) ).

AEON Co., Ltd. has launched a tender offer to acquire all remaining common shares and share options of SUNDAY Co., Ltd., a Tokyo Stock Exchange Standard Market-listed subsidiary, at ¥1,280 per share and ¥1 per share option, with the aim of making SUNDAY a wholly owned subsidiary. Already holding approximately 76.70% of SUNDAY’s voting rights, AEON will not set upper or lower limits on the number of shares to be purchased and plans, if necessary, to follow the tender with squeeze-out procedures via a share consolidation to become SUNDAY’s sole shareholder; the company emphasizes that using a tender offer with a clear per-share price is intended to make terms easier for minority shareholders to understand and to better protect their interests compared with proceeding directly to share consolidation.

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. is a major Japanese retail group operating a broad portfolio of businesses, including general merchandise stores, supermarkets, and related retail services, with a strong nationwide footprint and listings on the Tokyo Stock Exchange Prime Market. Through group companies and consolidated subsidiaries, AEON seeks to strengthen control over strategic retail formats and regional operators to enhance efficiency, governance, and long-term growth within Japan’s highly competitive retail sector.

Average Trading Volume: 10,858,569

Technical Sentiment Signal: Buy

Current Market Cap: Yen6916.3B

Learn more about 8267 stock on TipRanks’ Stock Analysis page.

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