Idemitsu Kosan Co (JP:5019) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Idemitsu Kosan Co., Ltd. successfully completed a tender offer for AGRO-KANESHO CO., LTD., acquiring 11,135,303 shares, thus surpassing the minimum purchase requirement. This acquisition marks a strategic expansion for Idemitsu, as AGRO-KANESHO is set to become its consolidated subsidiary by December 30, 2024. The move represents Idemitsu’s continued growth and influence in the market.
For further insights into JP:5019 stock, check out TipRanks’ Stock Analysis page.