Shintokyo Group Co Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Shintokyo Group Co Ltd to Acquire Yokoyama Corporation; to Start Material Regeneration Business
Shintokyo Group Co Ltd announced that it has decided to acquire 1,000 shares of Yokoyama Corporation, which engages in the material regeneration business, for JPY 59 million in total, effective April 24, 2013. As a result, the Company will hold a 100% stake in Yokoyama Corporation, up from 0%. In addition, the Company will start material regeneration business concentrating on metal scrap through the acquisition of Yokoyama Corporation.
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