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BRP Brief: Selling Its Telwater Business to Yamaha Motor Australia; Shares Down 2% Near 52 Week Lows In US Premarket
Yamaha Corporation has entered into a stock purchase agreement to acquire all the Stocks of Australian Telwater Pty Ltd.
Yamaha Corporation <7272.T> announced on the 1st that its group company, Yamaha Motor Australia, has signed a stock purchase agreement with Canada's BRP, under which a subsidiary of BRP will acquire all the shares of the Australian aluminum boat manufacturing company Telwater. Telwater boasts one of the largest production and sales volumes of boats in the Southern Hemisphere. It is the most STAR aluminum boat in Australia.
Press Release: BRP to Sell Its Telwater Business to Yamaha Motor Australia
UACJ, Brother, etc. (additional) Rating
Upgraded - Bullish Code | Stock Name | Brokerage Firm | Previous | After Change ---------------------------------------------------- <5333> Gaishi GS "Sell" "Hold" <7911> TOPPANHDS MBC Nikko "2" "1" Downgraded - Bearish Code | Stock Name | Brokerage Firm | Previous | After Change ---------------------------------------------------- <6770> Alpha
Rating information (Target Price change - Part 2) = Ajinomoto, Mitsui & Co, ETC.
◎ Mizuho Securities (three levels: Buy > Hold > underperform) Ajinomoto <2802.T> -- "Buy" → "Buy", 3675 yen → 3680 yen Nisshin Oil <4403.T> -- "Buy" → "Buy", 2800 yen → 2600 yen Shiseido Company, Limited Sponsored ADR <4911.T> -- "Hold" → "Hold", 2900 yen → 3100 yen Kose <4922.T> -- "Hold" → "Hold", 7200 yen → 6800 yen Pola Orbis Holdings <4927.T> -- "Hold" → "Hold", 1300 yen → 1400 yen
List of stocks breaking through the cloud (part 3) [Ichimoku Kinko Hyo - List of stocks breaking through the cloud]
○ List of stocks below the clouds Market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Main Board <6473> JTEKT 1128 1163.5 1141 <6480> Nittomson 4864 497.5 <6481> THK 3630 3671.5 3664.5 <6584> Mitsukoshi 6606 689.7 702.5 <6616> Trex Co. 1197 1230 1212 <66