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TBS HOLDINGS INC. ( (JP:9401) ) has shared an update.
TBS Holdings, Inc. has announced a tender offer to acquire shares of WACUL, Inc., a company listed on the Growth Market of the Tokyo Stock Exchange. The acquisition aims to potentially delist WACUL from the exchange, with TBS Holdings planning to make WACUL a wholly-owned subsidiary through a series of procedures. This strategic move could impact WACUL’s market presence and shareholder dynamics, as TBS Holdings strengthens its position in the industry.
More about TBS HOLDINGS INC.
TBS Holdings, Inc. operates in the media and entertainment industry, primarily focusing on broadcasting and content production. It is listed on the Prime Market of the Tokyo Stock Exchange and is known for its diverse media offerings.
YTD Price Performance: 10.59%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.6B
For detailed information about 9401 stock, go to TipRanks’ Stock Analysis page.