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Ajinomoto Turns Positive After Morning Decline on Report of Palisser Stake Acquisition and Semiconductor Material Price Hike Request
Ajinomoto Co., Inc. <2802> turned positive after opening lower. Bloomberg reported on the 31st that UK investment fund Palisser Capital has acquired shares in Ajinomoto, which appears to have stimulated the stock price. According to the article, Palisser currently ranks among Ajinomoto's top 25 shareholders and is seeking a price increase of over 30% for the company's Ajinomoto Build-up Film (ABF) business, which produces interlayer insulation materials using amino acid technology for high-performance semiconductors.
Source: MINKABU PRESS
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