tiprankstipranks
Trending News
More News >

NTT Announces Tender Offer to Fully Acquire NTT DATA Group

Story Highlights

Confident Investing Starts Here:

Nippon Telegraph and Telephone ( (JP:9432) ) has shared an update.

Nippon Telegraph and Telephone Corporation has announced a tender offer to acquire the remaining shares of NTT DATA Group Corporation, aiming to make it a wholly-owned subsidiary. This strategic move is intended to strengthen NTT’s position in the market by consolidating its operations and enhancing its service capabilities, potentially impacting stakeholders by increasing operational efficiency and market competitiveness.

More about Nippon Telegraph and Telephone

Nippon Telegraph and Telephone Corporation (NTT) operates in the telecommunications industry, providing a wide range of services including fixed-line and mobile communications, network system solutions, and data services. NTT is a major player in the global telecommunications market, with a focus on innovation and expanding its service offerings.

Average Trading Volume: 166,727,051

Technical Sentiment Signal: Buy

Current Market Cap: Yen12879.1B

See more data about 9432 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App