• Kyodo News

  • SHARE

Mitsubishi Chemical Holdings Corp. is mulling acquiring Mitsubishi Rayon Co. through a tender offer worth up to ¥200 billion, sources said Monday.

Combined sales of the two firms, which have no capital ties, would be about ¥3.2 trillion, far larger than those of No. 2 chemical maker Sumitomo Chemical Co. at ¥1.79 trillion in fiscal 2008.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW