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Thailand

Hitachi Chemical grabs 43.9% stake in Thai Storage Battery (TSB)

Siam Magi Co., Ltd., a subsidiary of Hitachi Chemical Co., Ltd. has entered into an agreement to acquire a 43.9% stake in battery manufacturer and distributor Thai Storage Battery Public Company Limited (TSB) from its major shareholding Korphaibool family. The acquisition is expected to be completed on July 25, 2017,....

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