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SHIFT Inc. Amends Acquisition Terms with Infratop Inc.

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SHIFT Inc. Amends Acquisition Terms with Infratop Inc.

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An update from SHIFT ( (JP:3697) ) is now available.

SHIFT Inc. has announced amendments to its acquisition agreement with Infratop Inc., focusing on the transfer of training and human dispatching businesses. The changes involve transferring these businesses to Roppongi Kanri No.10 Co., Ltd., a subsidiary of DMM.com LLC, instead of forming a new company. This adjustment excludes Infratop’s generative AI business from the acquisition and revises the acquisition price, impacting SHIFT’s strategic positioning in the industry.

The most recent analyst rating on (JP:3697) stock is a Hold with a Yen1500.00 price target. To see the full list of analyst forecasts on SHIFT stock, see the JP:3697 Stock Forecast page.

More about SHIFT

SHIFT Inc. operates in the technology industry, focusing on training and human dispatching services. The company is known for its strategic acquisitions and partnerships to enhance its market presence.

Average Trading Volume: 3,416,486

Technical Sentiment Signal: Buy

Current Market Cap: Yen449.7B

For a thorough assessment of 3697 stock, go to TipRanks’ Stock Analysis page.

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