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Daiwa House Industry Co Ltd to Acquire Fujita Corporation

Friday, 10 Aug 2012 01:00am EDT 

Daiwa House Industry Co Ltd announced that it has decided to acquire a 100% stake in Fujita Corporation, which engages in the contract, planning, design, supervision and consulting of construction work, for JPY 50,000 million in total, from a Tokyo-based company, which mainly engages in the acquisition and holding of investment securities, effective December 20, 2012. As a result, Fujita Corporation will become a wholly owned subsidiary of the Company. 

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-20.0 -0.94%
11 Jul 2014