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The Nexus
BUSINESSJul 31 · 06:00 UTCBLOOMBERGTakako Taniguchi

Tokyo Court Says Shidax Tender Undervalued the Firm in Rare Case

The Tokyo District Court ruled that Shidax Corp.’s 2023 tender offer to go private undervalued the company’s shares. This case is one of the rare instances in Japan where a legal authority resolved a financial dispute between companies.

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Tokyo District CourtorganizationShidax Corp.organizationhospitality sectortopic
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