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WELLNEO SUGAR Completes Acquisition of Toyo Sugar Refining

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WELLNEO SUGAR Completes Acquisition of Toyo Sugar Refining

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The latest announcement is out from WELLNEO SUGAR Co.Ltd. ( (JP:2117) ).

WELLNEO SUGAR Co., Ltd. announced the successful completion of its tender offer for Toyo Sugar Refining Co., Ltd., which will become a consolidated subsidiary by March 31, 2025. This acquisition is expected to strengthen WELLNEO SUGAR’s market position and expand its operational capabilities in the sugar refining industry.

More about WELLNEO SUGAR Co.Ltd.

WELLNEO SUGAR Co., Ltd. operates in the sugar industry, focusing on the production and refining of sugar products. The company is listed on the Tokyo Stock Exchange and is involved in expanding its market presence through strategic acquisitions.

YTD Price Performance: 6.89%

Average Trading Volume: 33,890

Technical Sentiment Signal: Sell

Current Market Cap: Yen76.53B

Find detailed analytics on 2117 stock on TipRanks’ Stock Analysis page.

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