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Open House Group Completes Tender Offer for Pressance Corporation

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Open House Group Completes Tender Offer for Pressance Corporation

Confident Investing Starts Here:

The latest update is out from Pressance ( (JP:3254) ).

Open House Group Co., Ltd., the controlling shareholder of Pressance Corporation, has successfully completed a tender offer to acquire common stock of Pressance. This acquisition, initiated on January 14, 2025, and concluded on February 26, 2025, is expected to strengthen Open House Group’s position in the real estate market and potentially impact Pressance’s operational strategies and shareholder dynamics.

More about Pressance

Pressance Corporation Co., Ltd. operates in the real estate industry, focusing on the development and sale of condominiums and residential properties primarily in Japan. The company is listed on the Standard Market of the Tokyo Stock Exchange.

YTD Price Performance: 25.33%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.1B

Learn more about 3254 stock on TipRanks’ Stock Analysis page.

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