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SAAF Holdings Secures Loan for Strategic Acquisition

SAAF Holdings Secures Loan for Strategic Acquisition

ITbook Holdings Co., Ltd. (JP:1447) has released an update.

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SAAF Holdings Co., Ltd. has announced a syndicated loan agreement for JPY 1,800 million with Sumitomo Mitsui Banking Corporation to fund the acquisition of U-Shin Co., Ltd., turning it into a consolidated subsidiary. The company anticipates minimal impact on their fiscal year results ending March 2025.

For further insights into JP:1447 stock, check out TipRanks’ Stock Analysis page.

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