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An update from Medley, Inc. ( (JP:4480) ) is now available.
Medley, Inc. announced plans to merge with its wholly owned subsidiaries, Offshore Inc. and GUPPY’s Inc., through an absorption-type merger, with Medley as the surviving entity. This strategic decision is aimed at enhancing synergies within the group, although it will result in an extraordinary loss due to the extinguishment of tie-in shares. The move is expected to accelerate the company’s growth and strengthen its position in the healthcare industry.
More about Medley, Inc.
Medley, Inc. operates in the medical healthcare industry, focusing on the development and provision of online services. The company is headquartered in Tokyo, Japan, and has a stated capital of 47 million yen. It was incorporated in June 2009 and is publicly traded, with major shareholders including Kohei Takiguchi and Goichiro Toyoda.
YTD Price Performance: 2.61%
Average Trading Volume: 70
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €796M
For a thorough assessment of 4480 stock, go to TipRanks’ Stock Analysis page.
