Teijin (JP:3401) has released an update.
Teijin Limited has decided to transfer its shares in Esteve Teijin Healthcare, a joint venture focusing on home healthcare services in Spain, to Oximesa S.L.U. This strategic move aligns with Teijin’s ambition to expand its global platform while allowing ETH to grow under new ownership. The transfer was driven by Esteve’s refocus on other healthcare areas, making the share transfer the best option for both companies.
For further insights into JP:3401 stock, check out TipRanks’ Stock Analysis page.