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Taiheiyo Cement ( (JP:5233) ) has shared an announcement.
Taiheiyo Cement Corporation, through its subsidiaries Mitsui Wharf Co., Ltd. and DC Co., Ltd., has announced the acquisition of shares in Toyo Wharf & Warehouse Co., Ltd. This acquisition, involving a significant percentage of voting rights, is classified as an act equivalent to a tender offer under Japanese financial regulations, potentially impacting the company’s strategic positioning in the logistics and warehousing sector.
More about Taiheiyo Cement
YTD Price Performance: 17.22%
Average Trading Volume: 300
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.96B
Find detailed analytics on 5233 stock on TipRanks’ Stock Analysis page.
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