3M to convert Sumitomo 3M into wholly-owned subsidiary
3M Company announced that it will acquire, through Sumitomo 3M, Sumitomo Electric Industries Ltd.'s 25 percent interest in Sumitomo 3M Ltd. for JPY 90 billion (approximately USD 885 million). Upon completion of the cash transaction, 3M will own 100 percent of Sumitomo 3M. The transaction is expected to close Septembe....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)