Orix Subsidiary to Launch ¥38.6 Billion Tender Offer for iNet Shares

The offer is set at ¥2,530 per share and reflects Orix’s plan to acquire iNet through its subsidiary.

Summary

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Terms & Concepts
  • Tender Offer: A public proposal to purchase some or all shares of a company at a specified price within a specified time frame, usually at a premium over the market price.
  • Subsidiary: A company controlled by another company, known as the parent company, which holds a majority of its shares.