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IN BRIEF: Nippon Active notes higher offer by Rising Sun for Intage

ALN

Nippon Active Value Fund PLC - Japan-focused investment firm - Notes that investee Rising Sun Management has raised its offer for Intage Holdings to JP¥1,950 per share from JP¥1,900, valuing Intage at JP¥78.8 billion.

Rising Sun had previously offered JP¥1,900 per share for Intage in February.

Current stock price: 110.00 pence

12-month change: down 3.5%

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