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I-Net Corporation ( (JP:9600) ) has provided an update.
I-NET Corp. announced the successful completion of a tender offer for its common shares by OFI ・01 Corporation, which will result in a change in the company’s parent companies and largest shareholder. As a result of the tender offer, OFI ・01 Corporation will acquire more than 50% of I-NET Corp.’s voting rights, making it the new parent company and largest shareholder. This change will also make OPI2002 Investment Partners and ORIX Corporation indirect parent companies of I-NET Corp.
The most recent analyst rating on (JP:9600) stock is a Buy with a Yen2841.00 price target. To see the full list of analyst forecasts on I-Net Corporation stock, see the JP:9600 Stock Forecast page.
More about I-Net Corporation
Average Trading Volume: 196,526
Technical Sentiment Signal: Buy
Current Market Cap: Yen38.33B
Learn more about 9600 stock on TipRanks’ Stock Analysis page.