ITOCHU announces tender offer commencement for Dentsu Soken privatization on November 2
The offer runs until December 2 at 2,880 yen per share, aiming to take the company private with Dentsu Group remaining as a shareholder.
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Global trading company in multiple industries
itochu.co.jpLast updated
In short: ITOCHU reported record profit, launched a ¥300 billion buyback, and bid $1.3 billion for Dentsu Soken.
The offer runs until December 2 at 2,880 yen per share, aiming to take the company private with Dentsu Group remaining as a shareholder.
Having acquired approximately 82.73 million shares, we will proceed with additional purchases using the remaining upper limit.
The tender offer will be conducted at ¥2,880 per share, aiming to delist the company by early November 2026.
The two companies will integrate television viewing, in-store purchase, and digital advertising data to provide a cross-channel advertising effectiveness analysis solution.
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