Meiji Dairies Corp., Japan’s biggest dairy company, and confectioner Meiji Seika Kaisha Ltd. said Thursday they will merge, creating the nation’s second-biggest food maker as prices of ingredients rise.
The food makers will merge under a holding structure April 1, they said. Both companies will have approximately the same number of shares in the merged entity, according to Bloomberg calculations.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.