Tokio Marine Completes Acquisition of ID&E as Wholly-Owned Subsidiary

Tokio Marine Holdings ( (JP:8766) ) has provided an announcement.

Tokio Marine Holdings, Inc. has successfully turned Integrated Design & Engineering Holdings Co., Ltd. (ID&E) into a wholly-owned subsidiary. This strategic move, completed after a tender offer and subsequent procedures, aims to enhance Tokio Marine’s global operations by integrating ID&E’s capabilities, thereby strengthening its market position and offering unique value to customers.

The most recent analyst rating on (JP:8766) stock is a Buy with a Yen5600.00 price target. To see the full list of analyst forecasts on Tokio Marine Holdings stock, see the JP:8766 Stock Forecast page.

More about Tokio Marine Holdings

Tokio Marine Holdings, Inc. operates in the insurance industry, primarily offering a range of insurance services through its subsidiaries, including Tokio Marine & Nichido Fire Insurance Co., Ltd. The company focuses on providing comprehensive insurance solutions and aims to deliver exceptional value to its global customer base.

Average Trading Volume: 5,943,932

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen11208.5B

For an in-depth examination of 8766 stock, go to TipRanks’ Stock Analysis page.