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NSSMC mulls over a controlling stake in Sanyo Special

Source: Mysteel Mar 16, 2018 11:06
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Bearing Steel Gear Steel Company Industry
Japanese integrated steelmaker Nippon Steel & Sumitomo Metal Corp (NSSMC) and specialty steel producer Sanyo Special Steel have begun discussions which would see NSSMC acquire additional shares in Himeji-based Sanyo, thus becoming a controlling shareholder with a 51% stake.
Japanese integrated steelmaker Nippon Steel & Sumitomo Metal Corp (NSSMC) and specialty steel producer Sanyo Special Steel have begun discussions which would see NSSMC acquire additional shares in Himeji-based Sanyo, thus becoming a controlling shareholder with a 51% stake.The two companies announced the commencement of discussions on March 15,

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