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WealthNavi to Delist as MUFG Bank Takes Majority Control
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WealthNavi to Delist as MUFG Bank Takes Majority Control

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Invest with Confidence:

WealthNavi, Inc. ( (JP:7342) ) has issued an announcement.

WealthNavi Inc. has announced that MUFG Bank, Ltd. has acquired a 92.45% shareholding ratio, making it the company’s special controlling shareholder. As a result, WealthNavi’s stock will be delisted, and MUFG Bank plans to take the company private by acquiring all remaining shares and stock acquisition rights through a cash-out demand.

More about WealthNavi, Inc.

WealthNavi Inc. operates in the financial technology industry, primarily offering investment and wealth management services. The company focuses on providing automated investment solutions to individual investors in Japan, leveraging advanced algorithms and technology for portfolio management.

YTD Price Performance: -0.10%

Average Trading Volume: 926,823

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen115.8B

See more insights into 7342 stock on TipRanks’ Stock Analysis page.

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