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The latest announcement is out from Fuji Oil Company. Limited ( (JP:5017) ).
Fuji Oil Company, Ltd. announced the successful completion of a tender offer for its common shares by Idemitsu Kosan Co., Ltd., resulting in a change of its parent company. This strategic move will see Idemitsu Kosan, which already had a significant stake in Fuji Oil, become its parent company, potentially impacting Fuji Oil’s market positioning and stakeholder relationships.
The most recent analyst rating on (JP:5017) stock is a Hold with a Yen480.00 price target. To see the full list of analyst forecasts on Fuji Oil Company. Limited stock, see the JP:5017 Stock Forecast page.
More about Fuji Oil Company. Limited
Fuji Oil Company, Ltd. operates within the oil industry, focusing on the production and distribution of oil products. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its involvement in the fuel oil business.
Average Trading Volume: 932,603
Technical Sentiment Signal: Buy
Current Market Cap: Yen36.91B
See more insights into 5017 stock on TipRanks’ Stock Analysis page.