TOKYO, Jan 29 (Reuters) - Japanese retailer Aeon Co Ltd said on Monday it had entered into exclusive talks with Hong Kong-based Oasis Management to acquire additional shares of drugstore chain Tsuruha Holdings Inc. Details such as how many shares it will acquire and how much it will pay for each share will be subject to negotiations, Aeon said. Aeon and Oasis each have about a 13% stake in Tsuruha. (Reporting by Kiyoshi Takenaka; Editing by Jamie Freed)
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Other stock markets
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5-day change | 1st Jan Change | ||
9,895 JPY | +0.87% | +1.47% | -23.44% |
Mar. 06 | Shares in Japan's Ain soar after activist fund Oasis buys 9.6% stake | RE |
Feb. 28 | Aeon Co. Plans to Merge Japan Drugstore Unit Welcia With Rival Tsuruha -- 2nd Update | DJ |
Stocks mentioned in the article
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5d. change
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Capi.
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9,895 JPY | +0.87% | +1.47% | 3.06B | ||
3,288 JPY | -0.12% | +1.76% | 17.88B | ||
2,686 PTS | +0.86% | +2.29% | - | ||
EPS Revisions
1st Jan change | Capi. | |
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-23.44% | 3.06B | |
-11.64% | 3.62B | |
-0.09% | 3.36B | |
+7.46% | 2.59B | |
-9.26% | 1.75B | |
+9.30% | 1.35B | |
-20.60% | 957M | |
-38.42% | 704M | |
-0.53% | 450M | |
-1.85% | 370M |
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- Japan's Aeon in talks with Oasis to buy additional shares in Tsuruha