Primer: Tsuruha Holdings (3391 JP) - Dec 2025
Impending Merger Creates Market Leader: Tsuruha Holdings is set to merge with Welcia Holdings in December 2025, creating Japan's largest...
207 Views
Tsuruha-Welcia: Will Scale Translate into Profit?
Tsuruha-Welcia merger aims for ¥50 billion in savings through procurement, private brands, and stores, but faces challenges in weak food...
566 Views
Tsuruha (3391 JP): Aeon (8267 JP) Bumps Its Partial Tender Offer to JPY2,900
A good result for minorities, as the offer has been bumped from JPY2,280 to JPY2,900. The offer is modestly below the JPY3,100 price Aeon paid in...
674 Views
[Japan Partial Tender] AEON (8267) Partial Offer for TSURUHA (3391) Announced at ¥2,900/Share
AEON announced the TSURUHA Tender Offer at a revised price of ¥2,900. They really did not want to bump but that was childish. Smaller Tender but 6%...
864 Views
[Japan M&A] Possible Partial TSURUHA (3391 JP) Tender Changes - More Accretion! Smaller Tender?
Tsuruha announced 5+% of shares asked for appraisal rights. That means a 5+% buyback at price TBD. It might be at the Tender Price. Technicals are...
748 Views