Company Info
3M turns Sumitomo 3M into wholly-owned subsidiary
3M Company announced that it has completed its acquisition, through Sumitomo 3M Ltd., of Sumitomo Electric Industries, Ltd.'s 25 percent interest in Sumitomo 3M Ltd. for JPY 90 billion (approximately USD 865 million). 3M is now the sole owner and the business will be known as 3M Japan Ltd. (From a press release on Au....
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