Hakuhodo DY Holdings to Acquire HIBC Co. and Time & Space

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Hakuhodo DY Holdings (TYO:2433) will acquire shares of HIBC Co. and Time & Space, as part of its tender offer plans to make Digital Holdings (TYO:2389) a wholly-owned subsidiary through a tender offer.

Hakuhodo will make HIBC Co., and Time & Space, wholly-owned subsidiaries as well, subject to the completion of the tender offer, according to its Tokyo bourse filing on Friday.

Subsequently, Hakuhodo will then enter into absorption-type company split agreements to succeed the rights and obligations of the shares of Digital Holdings owned by HIBC and Time & Space.

This company split is scheduled to be effective on Nov. 5. As a result of the company split, there will be no change in Hakuhodo's capital stock.

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As a result of the company split, there will be no change in Hakuhodo's capital stock.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DY","symbol_name":"戴康工业","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2566721942","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566721942","pubTimestamp":1757650090,"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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