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Digital Holdings Withdraws SilverCape Tender Offer Following Hakuhodo Acquisition

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Digital Holdings Withdraws SilverCape Tender Offer Following Hakuhodo Acquisition

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Digital Holdings, Inc. ( (JP:2389) ) just unveiled an announcement.

Digital Holdings, Inc. announced the withdrawal of a planned tender offer by SilverCape Investments Limited for its shares, following the successful completion of a similar offer by Hakuhodo DY Holdings Inc. This decision impacts the company’s shareholder structure and market positioning, as the condition for SilverCape’s offer was unmet due to Hakuhodo’s successful acquisition.

The most recent analyst rating on (JP:2389) stock is a Hold with a Yen2237.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.

More about Digital Holdings, Inc.

Digital Holdings, Inc. operates in the technology sector, focusing on digital solutions and services. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President Daisuke Kanazawa.

Average Trading Volume: 235,869

Technical Sentiment Signal: Buy

Current Market Cap: Yen32.19B

See more data about 2389 stock on TipRanks’ Stock Analysis page.

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