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Shimizu Corporation Launches Tender Offer for Full Acquisition of The Nippon Road Co., Ltd.

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The latest announcement is out from Shimizu ( (JP:1803) ).

Shimizu Corporation has announced a tender offer to acquire all remaining shares of The Nippon Road Co., Ltd., aiming to make it a wholly-owned subsidiary. This move is part of a strategic effort to consolidate its holdings and strengthen its position in the market, ensuring a greater control over the target company’s operations.

The most recent analyst rating on (JP:1803) stock is a Hold with a Yen800.00 price target. To see the full list of analyst forecasts on Shimizu stock, see the JP:1803 Stock Forecast page.

More about Shimizu

Shimizu Corporation operates in the construction industry, focusing on infrastructure development and engineering services. It is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

Average Trading Volume: 2,453,908

Technical Sentiment Signal: Buy

Current Market Cap: Yen1043.6B

See more insights into 1803 stock on TipRanks’ Stock Analysis page.

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