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Digital Holdings Faces Competing Tender Offers Amid Strategic Review

Story Highlights
  • SilverCape plans a tender offer for Digital Holdings’ shares pending conditions.
  • Digital Holdings’ board reviews SilverCape’s proposal for shareholder interest alignment.
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Digital Holdings Faces Competing Tender Offers Amid Strategic Review

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Digital Holdings, Inc. ( (JP:2389) ) has shared an announcement.

SilverCape Investments Limited has announced its intention to commence a tender offer for shares of Digital Holdings, Inc., pending certain conditions. This move follows a previous tender offer proposal from Hakuhodo DY Holdings Inc., which Digital Holdings had favored. The board of Digital Holdings is currently reviewing SilverCape’s proposal to ensure it aligns with the company’s corporate value and shareholder interests, and will announce its stance once a decision is made.

The most recent analyst rating on (JP:2389) stock is a Buy with a Yen1403.00 price target. To see the full list of analyst forecasts on Digital Holdings, Inc. stock, see the JP:2389 Stock Forecast page.

More about Digital Holdings, Inc.

Digital Holdings, Inc. operates in the technology sector, focusing on digital solutions and services. The company is listed on the Tokyo Stock Exchange Prime Market under the stock code 2389.

Average Trading Volume: 223,991

Technical Sentiment Signal: Buy

Current Market Cap: Yen29.72B

Find detailed analytics on 2389 stock on TipRanks’ Stock Analysis page.

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