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NYK Postpones Share Exchange Date with ANA Holdings

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NYK Postpones Share Exchange Date with ANA Holdings

Nippon Yusen Kabushiki Kaisha ( (JP:9101) ) just unveiled an announcement.

Nippon Yusen Kabushiki Kaisha (NYK) has announced a further change in the execution date of the share exchange between its subsidiary, Nippon Cargo Airlines Co., Ltd. (NCA), and ANA Holdings, Inc. (ANAHD). Initially scheduled for March 31, 2025, the date has been postponed to May 1, 2025, due to the need for additional time to complete regulatory reviews in China. The company expects the change to have a negligible impact on its consolidated business results.

More about Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (NYK) operates in the shipping and logistics industry, providing maritime transportation services and logistics solutions. The company is a key player in the global shipping market, focusing on cargo transportation and logistics services.

YTD Price Performance: 7.02%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $16.22B

For a thorough assessment of 9101 stock, go to TipRanks’ Stock Analysis page.

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