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Toyo Construction Co., Ltd. ( (JP:1890) ) just unveiled an update.
Toyo Construction Co., Ltd. announced the successful completion of a tender offer for its shares by TAISEI CORPORATION, which will result in changes to its parent company and largest shareholder. As a result of the tender offer, TAISEI CORPORATION will become the new parent company and principal shareholder, holding over 50% of the voting rights, while previous major shareholders, including WK 1 LLC and its affiliates, will no longer hold significant stakes.
The most recent analyst rating on (JP:1890) stock is a Buy with a Yen1988.00 price target. To see the full list of analyst forecasts on Toyo Construction Co., Ltd. stock, see the JP:1890 Stock Forecast page.
More about Toyo Construction Co., Ltd.
Average Trading Volume: 796,322
Technical Sentiment Signal: Buy
Current Market Cap: Yen162.7B
Learn more about 1890 stock on TipRanks’ Stock Analysis page.