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Lion to Divest Specialty Chemicals Units to Advantage Partners-Backed AP88

Story Highlights
  • Lion Corporation will sell Lion Specialty Chemicals and PT. IPPOSHA INDONESIA to AP88 Co., Ltd.
  • The divestiture supports Lion’s Vision2030 strategy to reform its portfolio and bolster profitability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lion to Divest Specialty Chemicals Units to Advantage Partners-Backed AP88

Meet Samuel – Your Personal Investing Prophet

Lion ( (JP:4912) ) just unveiled an announcement.

Lion Corporation has decided to transfer all shares of its consolidated subsidiary Lion Specialty Chemicals Co., Ltd. and that company’s Indonesian subsidiary PT. IPPOSHA INDONESIA to AP88 Co., Ltd., a vehicle backed by a fund serviced by Advantage Partners, Inc. The deal reflects Lion’s drive under its Vision2030 2nd STAGE plan to reshape its business portfolio and focus on strengthening profitability.

Management has designated its Chemical Products business for structural reform amid significant shifts in the market environment, and concluded the two units can grow faster under an owner specializing in carve-out transactions. By spinning off these operations, Lion aims to concentrate resources on core businesses, while the chemical subsidiaries pursue more flexible and aggressive strategies under Advantage Partners’ stewardship.

The most recent analyst rating on (JP:4912) stock is a Hold with a Yen1770.00 price target. To see the full list of analyst forecasts on Lion stock, see the JP:4912 Stock Forecast page.

More about Lion

Lion Corporation is a Japanese consumer goods and chemical manufacturer listed on the Prime Market of the Tokyo Stock Exchange. Through its Lion Specialty Chemicals unit and related subsidiaries, it has produced and sold industrial and household chemical agents, agrochemicals, and food additives, serving both domestic and overseas markets.

Average Trading Volume: 947,228

Technical Sentiment Signal: Buy

Current Market Cap: Yen464.1B

See more data about 4912 stock on TipRanks’ Stock Analysis page.

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