Seibu Holdings, Inc. (JP:9024) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Seibu Holdings Inc. has increased its stake in NW Corporation, a consolidated subsidiary, to strengthen shareholder value and corporate governance. With the acquisition, Seibu Holdings now controls 90.5% of NW’s voting rights. The financial impact of this acquisition will be reflected in the company’s future financial statements, and consideration is being given to making NW a wholly-owned subsidiary.
For further insights into JP:9024 stock, check out TipRanks’ Stock Analysis page.