Fujitsu ( (JP:6702) ) has provided an announcement.
Fujitsu Limited has announced a strategic move to take its affiliate, Fujitsu General Limited, private through a series of transactions with Paloma Rheem Holdings Co., Ltd. This involves a tender offer and share consolidation, ensuring Fujitsu and the Offeror become the sole shareholders. This move is expected to streamline Fujitsu’s operations and potentially enhance its market position by focusing on core digital services. The tender offer is set to commence on April 28, 2025, and will last until May 28, 2025.
More about Fujitsu
Fujitsu is a leading digital services company in Japan, known for its focus on sustainability and innovation. With a workforce of 113,000 employees, Fujitsu specializes in digital transformation services, leveraging technologies such as Computing, Networks, AI, Data & Security, and Converging Technologies. The company reported consolidated revenues of 3.6 trillion yen for the fiscal year ended March 31, 2025.
YTD Price Performance: 43.13%
Average Trading Volume: 4,615
Technical Sentiment Signal: Strong Sell
Current Market Cap: $37.84B
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