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Hogy Medical Expresses Support for Privatization via Tender Offer

Story Highlights
  • Hogy Medical focuses on innovative healthcare solutions within the Japanese medical industry.
  • The Board supports a tender offer by TCG2509 Co., aiming to privatize and delist shares under Carlyle Group’s strategic investment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hogy Medical Expresses Support for Privatization via Tender Offer

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Hogy Medical Co ( (JP:3593) ) has shared an update.

Hogy Medical Co., Ltd. has announced its Board of Directors’ approval in support of a tender offer for its shares by TCG2509 Co., Ltd., aiming to take the company private. This move is expected to delist the company’s shares, enabling strategic restructuring under the Carlyle Group, which manages significant global investments and provides expertise in buyout investments and privatization.

The most recent analyst rating on (JP:3593) stock is a Hold with a Yen5957.00 price target. To see the full list of analyst forecasts on Hogy Medical Co stock, see the JP:3593 Stock Forecast page.

More about Hogy Medical Co

Hogy Medical Co., Ltd. operates in the medical industry, providing advanced medical products and solutions. The company focuses on innovative healthcare services and products for the Japanese market.

Average Trading Volume: 174,580

Technical Sentiment Signal: Buy

Current Market Cap: Yen141.9B

See more insights into 3593 stock on TipRanks’ Stock Analysis page.

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