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Dentsu Group Erases Early Losses, Rebounding on Speculation Over Ex-Murakami Fund Stake
Shares of Dentsu Group Inc. <4324> rebounded sharply after declining in early trading. Speculative buying emerged following the disclosure that C&I Holdings became the company's 10th largest shareholder as of the end of March. Dentsu Group's website was reportedly updated after the close of trading on the 10th. C&I Holdings is believed to be managed by associates of the former Murakami Fund, with a shareholding ratio of 1.82%.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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