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Infroneer shares gain on report of planned Suido-ing acquisition◇
INFRONEER Holdings <5076> shares were firm after the Nikkei reported on the 14th that the infrastructure group has decided to acquire Sui-ing, a water facility specialist. The acquisition is expected to exceed 90 billion yen. INFRONEER will acquire all shares from Mitsubishi Corporation <8058>, Ebara Corporation <6361>, and JGC Holdings Corporation <1963>.
Following the report, INFRONEER issued a statement saying the news was not based on its announcement, while noting that discussions are underway and the matter will be tabled at a board meeting today.
(Note) The symbol "◇" at the end of the title indicates that this article contains multiple stock issues.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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