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An announcement from Canadian Solar Infrastructure Fund.Inc. ( (JP:9284) ) is now available.
Canadian Solar Infrastructure Fund, Inc. announced that its Board of Directors has expressed a favorable opinion regarding a takeover bid (TOB) by Hulic Co., Ltd. for its investment units. However, the company has withheld its opinion on the appropriateness of the TOB price, leaving the decision to its unitholders. The TOB aims to acquire 20% of the outstanding investment units for investment purposes, without delisting the units from the Tokyo Stock Exchange, ensuring continued listing and potential business collaboration with Canadian Solar Asset Management K.K.
More about Canadian Solar Infrastructure Fund.Inc.
Canadian Solar Infrastructure Fund, Inc. operates in the renewable energy sector, focusing on solar energy infrastructure investments. The company is involved in managing and expanding solar energy assets, primarily in Japan, through its asset manager, Canadian Solar Asset Management K.K.
Average Trading Volume: 1,683
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.06B
For an in-depth examination of 9284 stock, go to TipRanks’ Overview page.