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Mandom ( (JP:4917) ) has provided an update.
Mandom Corporation’s board has expressed support for a management buyout (MBO) by Kalon Holdings, recommending shareholders tender their shares despite market price fluctuations. The MBO aims to take the company private, with shares to be delisted, offering 1,960 yen per share, below the current market price.
The most recent analyst rating on (JP:4917) stock is a Hold with a Yen2456.00 price target. To see the full list of analyst forecasts on Mandom stock, see the JP:4917 Stock Forecast page.
More about Mandom
Mandom Corporation operates in the personal care industry, focusing on the production and distribution of cosmetics and grooming products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is recognized for its innovative offerings in the beauty and personal care sector.
Average Trading Volume: 478,114
Technical Sentiment Signal: Buy
Current Market Cap: Yen106.3B
For detailed information about 4917 stock, go to TipRanks’ Stock Analysis page.