Search result for NITORI HOLDINGS
TOKYO STOCKS ENDED HIGHER ON TUESDAY; THE NIKKEI INDEX TRADED HIGH
Highlights –
- Tokyo stock ended higher on Tuesday; the Nikkei index traded high.
- The 225-issue Nikkei Stock Average ended up at 714.12 points.
- Topix index of all First Section issues on the TSE finished at 31.14 points.
- Stoc...
NITORI HOLDINGS CO. TENDER OFFER OF OVER $2.1 BILLION FOR SHIMACHU CO. SUCCESSFUL
Highlights –
- Nitori Holdings Co. tender offer of over $2.1 billion for Shimachu Co. successful.
- Shimachu shares were tendered at a total of 30.02 million.
- Nitori offered to pay 5,500 yen per share to Shimachu Co.
- As of late...
SHIMACHU CO. ACCEPTS TAKEOVER BID BY NITORI HOLDINGS CO.
Highlights –
- Shimachu Co. accepts takeover bid by Nitori Holdings Co.
- Nitori offered to buy Shimachu at a price than DIY rival DCM Holdings Co.
- Nitori is offering $52 per Shimachu share from Monday to Dec.28.
- Shimachu Co. h...
INCREASING COVID-19 INFECTIONS LEADS TO FALL IN TOKYO STOCKS IN FRIDAY MORNING
Highlights –
- Increasing COVID-19 infections leads to fall in Tokyo stocks on Friday morning.
- The 225-issue Nikkei Stock Average dropped 274.96 points.
- Topix index of all First Section issues on the TSE was down by 28.80 points. ...
NITORI HOLDINGS CO. TO LAUNCH TAKOVER BID OF SHIMACHU TO DCM
Highlights –
- Nitori Holdings Co. to launch takeover bid of Shimachu to DCM.
- The deal is said to be worth up to $1.5 billion.
- On the Tokyo stock bourse, Shimachu shares ended at 4,195 yen.
- If the takeover is successful by DC...
RETAIL REVENUE INCREASES IN JAPAN
HIGHLIGHTS
- Many Japanese retailers are experiencing an increase in their sales.
- For the retail sector, this is being seen as a positive sign as lockdown to prevent the spread of coronavirus infection brought the economy to a standstill.