The latest update is out from TSURUHA Holdings ( (JP:3391) ).
TSURUHA Holdings announced its support for a tender offer by AEON CO., LTD. to acquire a significant portion of its shares, as part of a strategic capital and business alliance involving WELCIA HOLDINGS CO., LTD. This alliance aims to strengthen the companies’ market positions through a share exchange and consolidation, potentially making TSURUHA an equity-method affiliate of AEON, with the tender offer expected to commence around December 2025.
More about TSURUHA Holdings
TSURUHA Holdings is a Japanese company operating in the retail sector, primarily focusing on the sale of pharmaceuticals, cosmetics, and daily necessities. The company is listed on the Tokyo Stock Exchange and is known for its extensive network of drugstores across Japan.
YTD Price Performance: 14.48%
Technical Sentiment Signal: Buy
Current Market Cap: $3.7B
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