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Nidec to turn Nidec Tosok into wholly-owned subsidiary

Nidec Corporation announced that it has signed a share exchange agreement to turn Nidec Tosok Corporation into a wholly-owned subsidiary, effective on October 1, 2013. In accordance with this transaction, Nidec Tosok is slated to be delisted from the Tokyo Stock Exchange on September 26, 2013. (From a press release o....

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