February 19, 2025 07:43 GMT
TRANSPORTATION: East-Japan Railway; buying out consolidated subsidiary
TRANSPORTATION
(EJRAIL; A1/A+)
Its taking full ownership of two subsidiaries that operate shopping centres for it (co has sizeable RE portfolio around Tokyo/stations). Share exchange, already consolidated, not credit mover.
- "JR EAST TO MAKE LUMINE A WHOLLY OWNED UNIT" -bbg
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