Inaba Denki Sangyo (TYO:9934) said that it will acquire all shares of Fujikura (TYO:5803) subsidiary Fujikura Shoji Co., improving profitability and expanding its product lineup, according to a Tokyo Stock Exchange filing on Monday.
The Japan-based distributor said that it will acquire 1.7 million shares, giving it a 100% voting stake, with the share transfer scheduled for March 1, 2027.
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