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NIKKON Holdings surges to all-time high amid privatization reports
NIKKON Holdings Co.,Ltd. <9072> continued its sharp rise, hitting a new all-time high. Following reports on the 20th that the company has begun considering going private, speculation spread regarding a potential TOB (takeover bid) by investment funds, attracting buying interest. According to Bloomberg, the company plans to conduct a first-round bidding process to solicit specific proposals in early June.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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