ENEOS Holdings (JP:5020) has released an update.
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ENEOS Holdings, Inc. and its subsidiary JX Advanced Metals Corporation have successfully completed a tender offer to acquire all common shares of TATSUTA Electric Wire and Cable Co., Ltd., aiming to make TATSUTA a wholly-owned subsidiary. The tender offer, which began on June 21, 2024, concluded on August 19, 2024, marking a significant consolidation in the industry. JX Advanced Metals Corporation specializes in non-ferrous metals and related technologies, poised for growth with a capital of 75 billion yen.
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