tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Japan Airlines Rejects Tender Offer Proposal for AGP Shares

Story Highlights
Japan Airlines Rejects Tender Offer Proposal for AGP Shares

Elevate Your Investing Strategy:

Japan Airlines Co ( (JP:9201) ) has provided an update.

Japan Airlines Co., Ltd. has expressed its opinion on a tender offer proposal by Macquarie Asia-Pacific Infrastructure Investments for AGP Corporation shares. Despite the proposal, Japan Airlines, along with other major shareholders, does not intend to tender its shares, emphasizing the importance of AGP’s sustainable growth and corporate social responsibilities. The company believes the tender offer’s feasibility is limited due to the significant shareholding of the three main shareholders, who collectively hold over 73% of AGP’s voting rights, and their commitment to AGP’s long-term goals.

The most recent analyst rating on (JP:9201) stock is a Buy with a Yen3500.00 price target. To see the full list of analyst forecasts on Japan Airlines Co stock, see the JP:9201 Stock Forecast page.

More about Japan Airlines Co

Japan Airlines Co., Ltd. is a major player in the aviation industry, providing air transportation services. The company is known for its commitment to safety and technological advancement, focusing on sustainable growth and enhancing corporate value over the medium to long term.

YTD Price Performance: 14.94%

Average Trading Volume: 2,547,050

Technical Sentiment Signal: Buy

Current Market Cap: Yen1233.5B

For an in-depth examination of 9201 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1