Open House Co ( (JP:3288) ) has provided an announcement.
Open House Group Co., Ltd. has announced that its subsidiary, MELDIA Co., Ltd., will acquire all shares of EIDAI Holdings Co., Ltd., making it an indirect subsidiary. This acquisition aims to leverage EIDAI’s customer relationships and real estate procurement networks to strengthen MELDIA’s business platform in the Tokyo metropolitan area, enhancing the company’s corporate value and market positioning.
More about Open House Co
Open House Group Co., Ltd. operates in the real estate industry, focusing on the design, construction, and sales of built-for-sale detached houses, primarily in the Tokyo metropolitan area. Its subsidiary, MELDIA Co., Ltd., is engaged in single-family home sales, custom-built housing, and contracting.
YTD Price Performance: 5.16%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.27B
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