Japan Stocks Surge as Pension Fund Boosts Holdings

Japan Stocks Surge as Pension Fund Boosts Holdings

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Business

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Japan's Topix index saw a significant rebound as the nation's pension fund increased domestic equity holdings, ending a three-week losing streak. Meanwhile, Japan's Trade and Justice ministers resigned due to misconduct allegations. Dutch company SHV agreed to acquire Nutreco for $3.4 billion, with the deal expected to close next year. The market anticipates more bidders. French billionaire Vassalboro aims to increase his stake in Ava's, offering a share swap at a premium, though Ava's shares rose only modestly.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the value of the acquisition deal involving Nutreco?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected outcome of the transaction involving Nutreco?

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