Hakuhodo DY Holdings to Merge Subsidiaries Via Absorption-Type Split

MT Newswires Live

2024/12/16

Hakuhodo DY Holdings (TYO:2433) will merge its subsidiaries Hakuhodo and Hakuhodo DY Media Partners in an absorption-type split, according to a Friday filing on the Tokyo Stock Exchange.

Hakuhodo will absorb the business of DY Media Partners to enhance its data-driven marketing and media sales capabilities. The split is scheduled for April 1, 2025, pending shareholder approval.

No shares will be issued, and minimal impact on fiscal 2025 performance is expected.

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The split is scheduled for April 1, 2025, pending shareholder approval.</p><p>No shares will be issued, and minimal impact on fiscal 2025 performance is expected.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DY","symbol_name":"戴康工業","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2491021665","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491021665","pubTimestamp":1734305103,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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