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Japan

Kinugawa Rubber to turn Teito Rubber into its wholly-owned subsidiary

Kinugawa Rubber Industrial Co., Ltd. said it will increase its stake in Teito Rubber Co., Ltd. to turn the company into its wholly-owned subsidiary. Kinugawa now holds 66.98 percent stocks of Teito Rubber. By complete acquisition of the company, Kinugawa plans to construct a comprehensive corporate structure from man....

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