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Yoshimura Food Holdings K.K. rises for third consecutive day on acquisition of Yakult subsidiary winery
Yoshimura Food Holdings K.K. <2884> rose for the third consecutive day. After the close of trading on the 4th, the company announced it will acquire shares of Hakodate Wine (Nanae, Hokkaido), a wine manufacturing and sales company under YAKULT HONSHA CO.,LTD. <2267>, and make it a subsidiary. The share transfer execution date is June 30th. The company aims to expand domestically and internationally by leveraging the brand power of the acquired company. This appears to be driving the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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