Itochu set to take Dentsu Soken private in $1.3 billion deal

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Itochu plans to launch a tender offer to take Dentsu Soken private in a deal valued at about $1.3 billion. The transaction would end Dentsu Soken’s parent-subsidiary listing structure with Dentsu Group. Dentsu Soken provides IT services and consulting, and Dentsu Group will continue to collaborate in managing the business after the acquisition. The companies also plan a business alliance with Itochu Techno-Solutions to support IT infrastructure work tied to rising demand for AI implementation.

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