NTT DOCOMO to Launch Public Tender Offer for Common Stock of INTAGE HOLDINGS, Aiming to Conclude Capital and Business Alliance
TOKYO, Sept 7, 2023 - (JCN Newswire) - NTT DOCOMO, INC. (DOCOMO) announced that it has decided to conduct a public tender offer for the common shares issued by marketing support company INTAGE HOLDINGS, Inc. (INTAGE HD) and to conclude a capital and business alliance with them, both actions having been approved by the board of INTAGE HD.
- TOKYO, Sept 7, 2023 - (JCN Newswire) - NTT DOCOMO, INC. (DOCOMO) announced that it has decided to conduct a public tender offer for the common shares issued by marketing support company INTAGE HOLDINGS, Inc. (INTAGE HD) and to conclude a capital and business alliance with them, both actions having been approved by the board of INTAGE HD.
- This will make INTAGE HD a subsidiary company of DOCOMO, with DOCOMO aiming to expand its marketing solutions business as a result.
- At a meeting held today, the board of directors of INTAGE HD resolved to express support for DOCOMO's public tender offer.
- They ruled in favor of the alliance, and agreed that the decision whether or not to accept the offer should be left to the company's shareholders.