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Nippon Dry-Chemical Co Ltd announces business and capital alliance with Oki Electric Industry Co Ltd and acquire company


Monday, 25 Aug 2014 03:30am EDT 

Nippon Dry-Chemical Co Ltd:Formed a business and capital alliance with Oki Electric Industry Co Ltd on Aug. 25.Says two entities will cooperate on information and communication technology, sensing technology.To acquire 900,000 shares of Oki Electric Industry Co Ltd's stock.Oki Electric Industry Co Ltd to acquire 89,000 shares of the company.To acquire 1,600 shares of a OKI DENKI BOHSAI CO.,LTD and hold 100 pct stake in OKI DENKI BOHSAI CO.,LTD from Oki Electric Industry Co Ltd. 

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