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The latest update is out from JGC ( (JP:1963) ).
JGC HOLDINGS CORPORATION, through its subsidiary JGC JAPAN, has announced the acquisition of shares in TAKADA CORPORATION. This acquisition is part of a strategic capital and business alliance aimed at enhancing the corporate value of both companies by strengthening their capabilities in plant engineering and maintenance. The acquisition will make TAKADA an equity-method affiliate of JGC, with JGC JAPAN acquiring a significant portion of TAKADA’s voting rights. The impact on JGC’s financial results for the current fiscal year is expected to be minor.
More about JGC
JGC HOLDINGS CORPORATION operates in the engineering and construction industry, focusing on plant engineering and maintenance. The company is known for its expertise and extensive experience in engineering and construction management.
YTD Price Performance: 10.28%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.95B
For an in-depth examination of 1963 stock, go to TipRanks’ Stock Analysis page.