ENEOS Holdings (JP:5020) has released an update.
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ENEOS Holdings’ subsidiary JX Advanced Metals Corporation has increased its tender offer price for TATSUTA Electric Wire and Cable Co. shares from 720 yen to 780 yen. Additionally, the offer period has been extended to August 19, 2024, to allow for a total of 40 business days to complete the transaction. These changes aim to enhance the likelihood of a successful acquisition following TATSUTA’s recent financial performance report.
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