2 stories mentioning TYO:4324Updated 23d ago
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Dentsu Group (TYO:4324) has made no announcements regarding its domestic management strategy involving group company Dentsu Soken.Responding to a Nikkei report, the advertising company said Thursday it was considering a range of options, including the privatization of Dentsu Soken, but has no information to disclose at this time.
BlackRock plans to acquire a 15.2% stake in Japanese taxi app Go for roughly 28 billion yen as part of the company's upcoming initial public offering, Nikkei Asia reported Tuesday.The purchase amounts to 11.81 million shares, the report said.Go detailed its secondary offering in a Monday statement, announcing plans to sell up to 36.9 million shares at an indicative price range of 2,350 to 2,400 yen per share, plus an overallotment option of up to 3.55 million shares managed by Nomura Securities.Major existing shareholders selling down their stakes include DeNA(TYO:2432), NTT DOCOMO, and Toyota (TYO:7203), along with domestic sellers such as Aioi Nissin Dowa Insurance, SMBC Trust Bank, KDDI (TYO:9433), and Dentsu Group (TYO:4324).(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
