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Yotai Refractories Co., Ltd. ( (JP:5357) ) has issued an announcement.
ASNF Holdings GK has announced a tender offer to acquire shares of Yotai Refractories Co., Ltd., aiming to become the largest shareholder. This strategic move involves acquiring shares from major stakeholders, including UGS Asset Management and Sumitomo Osaka Cement, potentially impacting Yotai’s market positioning and shareholder structure.
More about Yotai Refractories Co., Ltd.
Yotai Refractories Co., Ltd. operates within the refractories industry, focusing on the production of heat-resistant materials essential for high-temperature industrial processes. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: 6.97%
Average Trading Volume: 23,563
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen24.18B
For an in-depth examination of 5357 stock, go to TipRanks’ Stock Analysis page.