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Shionogi Amends Tender Offer for Torii Pharmaceutical Shares

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Shionogi Amends Tender Offer for Torii Pharmaceutical Shares

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The latest update is out from Shionogi & Co ( (JP:4507) ).

Shionogi & Co., Ltd. has announced amendments to its tender offer for shares of Torii Pharmaceutical Co., Ltd., following a notice from the Japan Fair Trade Commission. These amendments, which do not alter the terms of purchase, are necessary to update the Tender Offer Statement and ensure compliance with regulatory requirements, reflecting the company’s commitment to adhere to legal standards in its acquisition efforts.

The most recent analyst rating on (JP:4507) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Shionogi & Co stock, see the JP:4507 Stock Forecast page.

More about Shionogi & Co

Shionogi & Co., Ltd. is a pharmaceutical company based in Osaka, Japan, primarily focused on the research, development, and marketing of pharmaceutical products. The company operates in the healthcare industry, with a strong emphasis on creating innovative treatments and therapies.

Average Trading Volume: 2,666,208

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2057.7B

For detailed information about 4507 stock, go to TipRanks’ Stock Analysis page.

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