tiprankstipranks
Trending News
More News >

ORIX Subsidiary Launches Tender Offer for Ascentech

Story Highlights
  • ORIX’s subsidiary begins a tender offer for Ascentech to make it a wholly owned subsidiary.
  • Major Ascentech shareholders support the offer, aligning with ORIX’s IT sector focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ORIX Subsidiary Launches Tender Offer for Ascentech

Don’t Miss TipRanks’ Half-Year Sale

Orix ( (IX) ) has shared an announcement.

On June 16, 2025, ORIX Corporation’s subsidiary, OPI18 Corporation, announced the commencement of a tender offer for all common shares of Ascentech K.K., aiming to make it a wholly owned subsidiary. This strategic move is intended to enhance Ascentech’s corporate value and leverage synergies with ORIX’s existing IT portfolio. The tender offer has received backing from major Ascentech shareholders, including Shinichi Nagamori and Cloud Software Group, Inc., who have agreed to tender their shares. Ascentech’s board has expressed support for the offer, recommending shareholders tender their shares. This acquisition aligns with ORIX’s focus on the IT sector and is expected to bolster its market positioning.

Spark’s Take on IX Stock

According to Spark, TipRanks’ AI Analyst, IX is a Neutral.

Orix’s overall score reflects strong financial performance with robust revenue growth and profitability, despite some operational challenges and a leveraged balance sheet. The technical analysis indicates potential bearish momentum, while valuation metrics suggest the stock may be undervalued. The positive earnings call highlights strategic initiatives and growth, yet acknowledges segment-specific challenges.

To see Spark’s full report on IX stock, click here.

More about Orix

ORIX Corporation is a diversified financial services company based in Tokyo, Japan. It operates in various sectors, including IT and information services, and is involved in domestic private equity investments. ORIX has made strategic investments in companies like APRESIA Systems, Ltd., HC Networks, Ltd., and LINES Co., Ltd., focusing on leveraging synergies within its IT portfolio and expanding its business network.

Average Trading Volume: 266,293

Technical Sentiment Signal: Strong Buy

Current Market Cap: $23.22B

For a thorough assessment of IX stock, go to 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
1