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An announcement from Park24 Co ( (JP:4666) ) is now available.
Park24 Co., Ltd. announced the acquisition of the remaining 49% shares of MEIF II CP Holdings 2 Limited from the Development Bank of Japan, making it a wholly owned subsidiary. This strategic move consolidates Park24’s control over its UK operations, potentially strengthening its market position in the parking industry without impacting its consolidated income statement.
The most recent analyst rating on (JP:4666) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.
More about Park24 Co
Park24 Co., Ltd. operates in the parking industry, providing parking services and solutions primarily through its subsidiary, TIMES24 Co., Ltd. The company has a significant market presence in the UK through its ownership of National Car Parks Limited (NCP), a major operator of parking facilities.
Average Trading Volume: 898,975
Technical Sentiment Signal: Sell
Current Market Cap: Yen307.3B
Learn more about 4666 stock on TipRanks’ Stock Analysis page.