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ANA Holdings to Finalize Nippon Cargo Airlines Acquisition

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An update from ANA Holdings Inc. ( (JP:9202) ) is now available.

ANA Holdings Inc. has announced an amendment to its agreement to make Nippon Cargo Airlines Co., Ltd. a wholly owned subsidiary through a simplified share exchange. The effective date of this exchange has been postponed to May 23, 2025, due to the time required for regulatory review by authorities, particularly in China. This strategic move is expected to consolidate ANA’s financial statements starting from the fiscal year ending March 2026, potentially impacting its business results, which are currently under review.

More about ANA Holdings Inc.

ANA Holdings Inc. operates in the aviation industry, primarily focusing on air transportation services. The company is known for its passenger and cargo airline operations, and it aims to strengthen its market position through strategic acquisitions and partnerships.

YTD Price Performance: -3.13%

Average Trading Volume: 1,793,609

Technical Sentiment Signal: Buy

Current Market Cap: Yen1283.1B

See more data about 9202 stock on TipRanks’ Stock Analysis page.

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