Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
DVx rises for first time in three days as OLBA HEALTHCARE announces full acquisition via share exchange
DVx Inc. <3079> shares rebounded for the first time in three sessions on Monday after announcing a business integration with OLBA HEALTHCARE HOLDINGS, Inc. <2689> via a share exchange following Friday's close. OLBA HEALTHCARE HOLDINGS will become the wholly owning parent and DVx a wholly owned subsidiary. Effective Sept. 1, DVx will allocate 0.5 shares of OLBA HEALTHCARE HOLDINGS for each of its shares, with the stock price reflecting the exchange ratio.
DVx will be delisted on Aug. 28. Amid a challenging competitive environment in the medical equipment wholesale industry, the merger aims to expand their sales network by mutually complementing market territories and product lines.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
THK draws attention as orders expand in semiconductor sector
Japan Investment Adviser rises on capital and business alliance with Sojitz Corporation <2768> to expand operating lease product sales
A&A Material Corporation rises for third day on share cancellation plan
ExaWizards extends gains for sixth straight day on joint venture with MS&AD Insurance to promote AX
Katakura Industries rises for second day on speculation after Zenar Asset Management acquires 5.04% stake
KITAGAWA SEIKI shows signs of short squeeze, operating profit for June 2026 term may reach 18-year high with further upward revision
Kioxia's upward momentum remains strong, buying continues on low P/E despite U.S. SanDisk decline
COMPUTER ENGINEERING & CONSULTING surges on upward revision to interim earnings forecast and dividend forecast for July period
Qualtec attracts strong buying interest following surprise upward revision to June 2026 profit forecast and dividend plan
SATO SHO-JI CORPORATION opens with buy orders as fundnote, advised by Imura, discloses large shareholding