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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report

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NIDEC CORP's Nidec Sankyo Corporation Completes Acquisition Of SCD Co., Ltd

Tuesday, 2 Oct 2012 02:30am EDT 

NIDEC CORP announced that Nidec Sankyo Corporation, one of the subsidiary companies, has completed the acquisition of a 51.42% ownership interest in SCD Co., Ltd. (the Acquired Business or SCD), a South Korean motor and motor drive unit (MDU) manufacturer, on October 2, 2012. As a result, the Acquired Business became a subsidiary of Sankyo. 

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