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Hulic Co. to Acquire Koken Boring Machine Co. in Strategic Tender Offer

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Hulic Co. to Acquire Koken Boring Machine Co. in Strategic Tender Offer

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Hulic Co ( (JP:3003) ) has provided an announcement.

Hulic Co., Ltd. has announced a tender offer to acquire all shares of Koken Boring Machine Co., Ltd., aiming to make it a wholly-owned subsidiary. This strategic move is intended to privatize Koken Boring Machine’s shares, enhancing Hulic’s market position and potentially impacting stakeholders by consolidating its influence 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. The company is known for its strategic investments and sustainability initiatives, positioning itself as a key player in the Japanese market.

YTD Price Performance: 5.84%

Average Trading Volume: 2,274,291

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1105.1B

See more data about 3003 stock on TipRanks’ Stock Analysis page.

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