Tsuruha and Welcia both report annual results and guidance in the second week of April. That will provide fodder for the basis of the merger ratio. I still think the merger ratio should be higher.
What is covered in the Full Insight:
Introduction to Tsuruha and Welcia Merger
Merger Details and Power Dynamics
Financial Ratios and Market Valuation
Comparison of Growth and Earnings
Sector Outlook and Strategic Recommendations
SUMMARY
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