TOKYO, Mar 23 (Pulse News Wire) – Nippon Sheet Glass Company,limited (5202.T) denied reports published today in Nikkei Online suggesting the company was considering privatization backed by Apollo and a banking consortium exceeding March 23, 2026. According to the company, while discussions around privatization are ongoing, there have been no concrete decisions made as of yet.
The firm stated it plans to hold a board meeting tomorrow to further address the situation. Should any significant developments arise, Nippon Sheet Glass assured it would promptly disclose such information.
The company also noted that the document released does not serve as an offer to purchase or sell securities. Nippon Sheet Glass continues to evaluate its strategic options, with the upcoming board meeting set to play a crucial role in shaping future directions.
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