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Chiyoda Corp Announces Capital Alliance with Xodus Group (Holdings) Limited in Scotland - Nikkei Net


Wednesday, 3 Jul 2013 10:31pm EDT 

Nikkei Net reported that Chiyoda Corp and Xodus Group (Holdings) Limited have formed a strategic capital alliance, with Chiyoda having acquired the majority of shares in Xodus Group from the previous investors, Sunrise Xodus B.V. and Simmons Parallel Private L.P. The acquisition amount is approximately JPY 10 billion. By integrating Chiyoda's engineering capability and Xodus Group's knowledge in offshore and upstream, Chiyoda will expand its business fields and will provide integrated services to enhance the value for customers in energy development projects. 

Company Quote

1216.0
25.0 +2.10%
22 Jul 2014