FilingReader Intelligence

Eisai launches $160m takeover bid for EcoNaviSta

March 14, 2025 at 12:01 PM UTCBy FilingReader AI

Eisai Co., Ltd. (TSE:4523) has initiated a tender offer to acquire all outstanding shares of EcoNaviSta Inc. (TSE:5585), a move that values the company at approximately ¥15.99 billion ($160 million USD). The tender offer, announced on March 14, 2025, aims to integrate EcoNaviSta's "Life Rhythm Navi" and patented dementia prediction model into Eisai's dementia platform, enhancing its capabilities in early detection and personalized care for the elderly. Eisai plans to offer ¥2,190 per share in cash, representing a premium of 31.61% over EcoNaviSta's closing price on March 13, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:4523Tokyo Stock Exchange

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