Showa Denko to acquire Hitachi Chemical

Showa Denko to acquire Hitachi Chemical
WESPECH PTE LTD
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20.12.2019

MOSCOW (MRC) -- Showa Denko has agreed to acquire Hitachi Chemical for yen (Y) 964bn (USD8.8bn), said Chemengonline.Showa has formed a special-purpose company, HC Holdings KK, which "by around" February is expected to begin a Y4630/share tender offer for Hitachi's shares.The merged Showa-Hitachi would create a new leading materials producer in an age of increased competition, especially f

Full article at mrcplast.com

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