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An announcement from Topcon ( (JP:7732) ) is now available.
Topcon Corporation announced its support for a tender offer initiated by TK Co., Ltd. as part of a Management Buyout (MBO) involving capital participation from KKR Japan and JIC Capital, Ltd. The board of directors has resolved to recommend shareholders and holders of share options to tender their shares, with the expectation that all company share certificates will be acquired, leading to the delisting of Topcon’s shares.
The most recent analyst rating on (JP:7732) stock is a Buy with a Yen2725.00 price target. To see the full list of analyst forecasts on Topcon stock, see the JP:7732 Stock Forecast page.
More about Topcon
YTD Price Performance: 14.64%
Average Trading Volume: 514,755
Technical Sentiment Signal: Buy
Current Market Cap: Yen343B
For an in-depth examination of 7732 stock, go to TipRanks’ Overview page.