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An announcement from NEC ( (JP:6701) ) is now available.
NEC Corporation has successfully completed a tender offer to acquire shares of NEC Networks & System Integration Corporation, purchasing a total of 33,576,254 shares. This acquisition increases NEC’s ownership stake in NESIC, potentially enhancing its market positioning and operational capabilities in the network integration sector.
More about NEC
NEC Corporation operates in the technology and communications industry, focusing on systems integration and network solutions. It primarily offers services related to IT infrastructure and communication systems, catering to global markets with a strong emphasis on innovation and technological advancement.
YTD Price Performance: -18.41%
Average Trading Volume: 903
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $22.38B
See more data about 6701 stock on TipRanks’ Stock Analysis page.