FilingReader Intelligence
NTT launches tender offer to take NTT DATA private
May 8, 2025 at 12:11 PM UTC•By FilingReader AI
Nippon Telegraph and Telephone Corporation (TSE:9432) today announced the commencement of a tender offer to acquire all remaining shares of NTT DATA Group Corporation (TSE:9613), a move aimed at enhancing competitiveness and accelerating global growth in a rapidly evolving IT landscape. The tender offer, priced at JPY 4,000 per share, represents a 33.71% premium over NTT DATA's closing price on May 7, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
TSE:9432•Tokyo Stock Exchange
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