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Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

1,793JPY
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¥1,803
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¥1,811
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Tue, Jul 10 2018

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Japanese refiner Idemitsu wins family backing for Showa Shell merger

TOKYO Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday they had agreed to merge on April 1 next year, after Idemitsu's founding family dropped its long-standing opposition to the plan.

UPDATE 2-Japanese refiner Idemitsu wins family backing for Showa Shell merger

* Idemitsu shares jump 15 pct, Showa Shell up 9 pct (Adds details, CEO and analyst comments)

Japanese refiners Idemitsu, Showa Shell agree to merge in April

TOKYO, July 10 Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday they had agreed to merge in April next year, after Idemitsu's founding family dropped its long-standing opposition to the plan.

Japan's Idemitsu, Showa Shell to brief on integration

* Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday that Idemitsu Chairman Takashi Tsukioka and Showa Shell CEO Tsuyoshi Kameoka would brief on their integration at 0230 GMT.

Showa Shell shares fall 6 pct after soaring on merger report

TOKYO, June 28 Shares of Showa Shell fell as much as 6 percent early Thursday after soaring to a record high a day earlier on a media report that Idemitsu Kosan's founding family would drop its opposition to plans for a merger with its Japanese rival.

Idemitsu founding family to accept Showa Shell merger: Nikkei

TOKYO Idemitsu's founding family will drop its opposition to plans for a merger of Idemitsu Kosan and Showa Shell Sekiyu , paving the way for the Japanese oil firms to combine, the Nikkei reported.

UPDATE 2-Idemitsu founding family to accept Showa Shell merger - Nikkei

* Idemitsu, Showa Shell to merge next spring via stock swap-Nikkei

Idemitsu family to accept Showa Shell merger - Nikkei

TOKYO, June 27 Idemitsu Kosan Co's founding family will drop its opposition to plans for a merger with Showa Shell Sekiyu KK after a long standoff, paving the way for the Japanese oil firms to combine next spring, Nikkei reported on Wednesday.

UPDATE 2-Activist fund Oasis takes stakes in Japan's Idemitsu and Showa Shell -source

* Size of Oasis stakes in Idemitsu, Showa Shell not disclosed

Japan's Showa Shell sees Q2 crude refining down 1 pct y/y

TOKYO, April 2 Japan's Showa Shell Sekiyu KK said on Monday its group refineries would refine 1 percent less crude for the local market in April-June compared with a year ago, in line with their outlook for domestic demand.

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