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An announcement from Toyo Construction Co., Ltd. ( (JP:1890) ) is now available.
Toyo Construction Co., Ltd. announced its Board of Directors’ support for a tender offer by Taisei Corporation to acquire all of Toyo’s common stock, aiming to make Toyo a wholly-owned subsidiary. This move is expected to lead to Toyo’s delisting from the Tokyo Stock Exchange, impacting its shareholders and potentially altering its market positioning.
More about Toyo Construction Co., Ltd.
Toyo Construction Co., Ltd. operates in the construction industry, focusing on civil engineering and architecture services. The company is known for its development projects and has a market presence in the construction sector.
Average Trading Volume: 696,774
Technical Sentiment Signal: Buy
Current Market Cap: Yen167.7B
Find detailed analytics on 1890 stock on TipRanks’ Stock Analysis page.