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TSURUHA Holdings ( (JP:3391) ) has shared an update.
TSURUHA Holdings has announced its support for a tender offer by AEON CO., LTD. to acquire additional shares, making TSURUHA an equity-method affiliate of AEON. This move is part of a broader capital and business alliance involving a share exchange with WELCIA HOLDINGS, aiming to strengthen the companies’ market positioning without delisting TSURUHA’s shares from the Tokyo Stock Exchange.
The most recent analyst rating on (JP:3391) stock is a Hold with a Yen3132.00 price target. To see the full list of analyst forecasts on TSURUHA Holdings stock, see the JP:3391 Stock Forecast page.
More about TSURUHA Holdings
TSURUHA Holdings is a company listed on the Tokyo Stock Exchange, primarily operating in the retail sector, with a focus on pharmacy and drugstore services. It is involved in a capital and business alliance with AEON CO., LTD. and WELCIA HOLDINGS CO., LTD.
Average Trading Volume: 1,673,398
Technical Sentiment Signal: Buy
Current Market Cap: Yen675.3B
For a thorough assessment of 3391 stock, go to TipRanks’ Stock Analysis page.