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Pressance ( (JP:3254) ) has shared an update.
Pressance Corporation has announced its board’s decision to support a tender offer by its controlling shareholder, Open House Group. This move is aimed at making Pressance a wholly-owned subsidiary of Open House Group, leading to the delisting of Pressance’s stock, which may impact stakeholders by consolidating operations under Open House’s ownership.
More about Pressance
Pressance Corporation Co., Ltd. operates in the real estate industry, focusing on developing and managing residential properties such as condominiums and income-producing real estate. The company is involved in various real estate transactions and services, including construction contracting and brokerage services, primarily in Japan.
YTD Price Performance: -2.13%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $859.5M
See more data about 3254 stock on TipRanks’ Stock Analysis page.
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