Itochu to Invest about ¥250B for 38.2% Stake in Dentsu Soken
Itochu Corporation (8001.T) will acquire a 38.2% stake in Dentsu Soken, with Dentsu Group exploring privatization to resolve its parent-subsidiary dual listing. Itochu and Fujitsu bid, and Itochu’s offer exceeded Fujitsu’s. Dentsu plans a board resolution on the 28th, aiming to jointly own the privatized firm with Itochu, supported by expected synergies despite antitrust-review concerns.