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Hulic Co. Completes Acquisition of Koken Boring Machine

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Hulic Co. Completes Acquisition of Koken Boring Machine

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The latest announcement is out from Hulic Co ( (JP:3003) ).

Hulic Co., Ltd. has successfully completed a tender offer to acquire shares of Koken Boring Machine Co., Ltd., resulting in Koken becoming a consolidated subsidiary of Hulic. This strategic acquisition is expected to enhance Hulic’s market positioning and expand its operational capabilities in the industry.

The most recent analyst rating on (JP:3003) stock is a Hold with a Yen1610.00 price target. To see the full list of analyst forecasts on Hulic Co stock, see the JP:3003 Stock Forecast page.

More about Hulic Co

Hulic Co., Ltd. operates in the real estate industry, focusing on property development, leasing, and management services. The company is headquartered in Tokyo, Japan, and is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 2,309,780

Technical Sentiment Signal: Buy

Current Market Cap: Yen1089.8B

For detailed information about 3003 stock, go to TipRanks’ Stock Analysis page.

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