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Marubeni Corp announces spin-off

Thursday, 12 Dec 2013 02:00am EST 

Marubeni Corp:Says it resolved to spin off the operation of its wholly owned subsidiary, Marubeni Access Solutions, Inc. (MAS) into a newly established company (MAS Holdings, Co., Ltd.).Says the spin off effective Jan. 31, 2014.Says it will merge MAS, which will be wholly owned subsidiary of newly established company, with UCOM Corporation (UCOM) effective as of Feb. 1, 2014. 

Company Quote

4.4 +0.58%
27 Aug 2014