Elecom Co (JP:6750) has released an update.
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Elecom Co. is progressing with its plan to acquire full ownership of Nippon Antenna Co. through a share exchange. The original timeline for finalizing the agreement has been extended, with a new target set for February or March 2025 to accommodate a thorough review by the Japan Fair Trade Commission. The acquisition aims to integrate Nippon Antenna into the Elecom Group, enhancing its business operations.
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