bullish
Infroneer (5076 JP) Tender Offer for Toyo Construction (1890 JP) Could Get Funky
902 Views22 Mar 2022 15:57
SUMMARY
- INFRONEER Holdings (5076 JP) is the new name of the holding company which was comprised of Maeda Corporation, Maeda Road Construction, and Maeda Seisakusho.
- Infroneer owns a 20% stake in smaller construction company Toyo Construction (1890 JP) through subsidiary Maeda Construction. It has launched a Tender Offer for the rest at a 28.5% premium.
- This could get complicated. If you own, I would not sell at terms.
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Discussions
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