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NITORI HOLDINGS CO. TO LAUNCH TAKOVER BID OF SHIMACHU TO DCM

Published On 21 Oct 2020 05:00 AM


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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 DCM, it will become the country’s biggest DIY store operator.

According to reports, Nitori Holdings Co., which is Japan’s ....


Tags : JAPAN BUSINESS, NITORI HOLDINGS CO., DCM HOLDINGS CO., CAINZ CO., SHIMACHU CO., TOKYO STOCK BOURSE,
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