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Tokyo Cosmos Electric Co., Ltd. ( (JP:6772) ) has shared an update.
Tokyo Cosmos Electric Co., Ltd. has announced a partial revision to a previous press release concerning the tender offer for its shares by Bourns Japan Holdings LLC. The revised announcement highlights the intention of Bourns to make Tokyo Cosmos a wholly owned subsidiary, with the transaction being a key topic at the upcoming annual general meeting. This move is expected to influence the company’s management policies and could lead to the delisting of its shares, impacting shareholders and the company’s market position.
More about Tokyo Cosmos Electric Co., Ltd.
Tokyo Cosmos Electric Co., Ltd. operates in the electronics industry, focusing on the production and distribution of electronic components and devices. The company is listed on the Tokyo Stock Exchange and is involved in various market activities, including shareholder engagement and corporate governance.
Average Trading Volume: 3,813
Technical Sentiment Signal: Buy
Current Market Cap: Yen11.06B
For detailed information about 6772 stock, go to TipRanks’ Stock Analysis page.