Kokusan Denki announces change of largest shareholder

Kokusan Denki Co., Ltd. announced that Mahle Japan Ltd. will purchase shares of Kokusan Denki from the Hitachi Group, which includes the current largest shareholder Hitachi, Ltd. As a result of this transaction, Mahle Japan will own a stake of 27.3 percent in Kokusan Denki. As Mahle Japan is slated to acquire additio....

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