tiprankstipranks
Trending News
More News >

Nissin Corporation Endorses Management Buyout Proposal

Story Highlights

Protect Your Portfolio Against Market Uncertainty

Nissin Corporation ( (JP:9066) ) just unveiled an announcement.

Nissin Corporation’s board has endorsed a management buyout proposal by K.K. BCJ-98, a subsidiary of Bain Capital, recommending shareholders tender their shares. This move aims to take the company private and delist its shares, with the representative director, Masahiro Tsutsui, continuing in management to support business growth.

More about Nissin Corporation

Nissin Corporation operates in the logistics and transportation industry, focusing on providing comprehensive logistics services, including freight forwarding, warehousing, and supply chain management solutions.

Average Trading Volume: 46,024

Technical Sentiment Signal: Buy

Current Market Cap: Yen78.55B

For a thorough assessment of 9066 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App