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Toray Industries Inc (3402.T)

3402.T on Tokyo Stock Exchange

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Wed, Mar 14 2018

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Japan's Toray to buy TenCate to boost carbon-fiber business

Japan's Toray Industries , the world's largest maker of carbon-fiber composite materials, said it will buy TenCate Advanced Composites for an enterprise value of 930 million euros ($1.15 billion), as it looks to ramp up its carbon-fiber business.

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