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Oishi Capital to Acquire Significant Stake in AirTrip Corp.

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Oishi Capital to Acquire Significant Stake in AirTrip Corp.

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AirTrip ( (JP:6191) ) has provided an update.

AirTrip Corp. announced that Oishi Capital Corp. plans to acquire 6,305,700 shares of the company, representing 28.19% of total shareholder voting rights. This acquisition is significant as it falls under regulations equivalent to public tender offers, indicating a strategic move by Oishi Capital Corp. to increase its stake in AirTrip Corp., potentially impacting the company’s market positioning and shareholder dynamics.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

More about AirTrip

AirTrip Corp. operates in the travel industry, focusing on providing travel-related services and products. The company is listed on the Tokyo Stock Exchange under the securities code 6191.

Average Trading Volume: 133,111

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen20.72B

For a thorough assessment of 6191 stock, go to TipRanks’ Stock Analysis page.

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