(Update 2) NTT Announces Plan to Fully Own NTT Data Group
Tokyo, May 8 (Jiji Press)--Nippon Telegraph and Telephone Corp. said Thursday that it will make listed subsidiary NTT Data Group Corp. a wholly owned unit.
The major Japanese telecommunications company, which currently has an equity stake of about 58 pct in NTT Data Group, plans to spend over 2.3 trillion yen to buy the rest of the outstanding shares including through a tender offer.
(2025/05/08-16:46)
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