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Kokuyo Co. to Acquire Vietnamese Stationery Leader Thien Long Group

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Kokuyo Co. to Acquire Vietnamese Stationery Leader Thien Long Group

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Kokuyo Co ( (JP:7984) ) has shared an announcement.

Kokuyo Co., Ltd. has announced its plan to acquire Thien Long Group Corporation, a prominent Vietnamese stationery manufacturer, through a stock purchase and tender offer. This acquisition aligns with Kokuyo’s strategy to expand its global presence and leverage TLG’s strong business infrastructure in the ASEAN region, contributing to sustained growth and long-term value creation for both companies.

The most recent analyst rating on (JP:7984) stock is a Buy with a Yen948.00 price target. To see the full list of analyst forecasts on Kokuyo Co stock, see the JP:7984 Stock Forecast page.

More about Kokuyo Co

Kokuyo Co., Ltd. operates in the stationery industry, focusing on products that enhance learning and working experiences. The company aims to become the leading stationery business in Asia by 2030, with a strategic focus on expanding its presence in the ASEAN market.

Average Trading Volume: 973,479

Technical Sentiment Signal: Buy

Current Market Cap: Yen414B

See more data about 7984 stock on TipRanks’ Stock Analysis page.

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