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Medipal Holdings ( (JP:7459) ) has shared an announcement.
MEDIPAL HOLDINGS CORPORATION has announced the conclusion of an absorption-type merger agreement between its wholly owned subsidiaries, ATOL CO., LTD and MVC CO., LTD. This strategic move aims to leverage the strengths of both companies to enhance the sales channels and development of medical equipment sales in the Kyushu and Okinawa areas. Since the merger involves wholly owned subsidiaries, it will not impact the consolidated financial results for the current fiscal year.
More about Medipal Holdings
MEDIPAL HOLDINGS CORPORATION operates in the pharmaceuticals, health, and beauty industries. It focuses on contributing to health and societal advancement through distribution. Its subsidiaries, ATOL CO., LTD and MVC CO., LTD, specialize in wholesale prescription pharmaceuticals and sales of medical equipment, primarily in the Kyushu and Okinawa areas.
YTD Price Performance: -4.82%
Average Trading Volume: 761
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.67B
Find detailed analytics on 7459 stock on TipRanks’ Stock Analysis page.
