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NTT Amends Tender Offer for CARTA HOLDINGS Shares

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NTT Amends Tender Offer for CARTA HOLDINGS Shares

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The latest update is out from Nippon Telegraph and Telephone ( (JP:9432) ).

NTT, Inc. announced amendments to its tender offer for the shares of CARTA HOLDINGS Inc., initially launched by its subsidiary NTT DOCOMO, Inc. The changes, approved by the State Administration for Market Regulation of China, do not affect the terms of purchase but involve updates to the tender offer registration and related notices. This move is part of NTT’s strategic efforts to strengthen its market position and expand its business operations.

The most recent analyst rating on (JP:9432) stock is a Buy with a Yen184.00 price target. To see the full list of analyst forecasts on Nippon Telegraph and Telephone stock, see the JP:9432 Stock Forecast page.

More about Nippon Telegraph and Telephone

NTT, Inc. is a major player in the telecommunications industry, primarily offering consumer communications services and smart life business solutions through its subsidiary NTT DOCOMO, Inc. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its significant capital funds.

YTD Price Performance: 4.92%

Average Trading Volume: 145,177,631

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen13884.8B

Learn more about 9432 stock on TipRanks’ Stock Analysis page.

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