JS Group to Acquire Shin Nikkei for 20 Billion Yen
JS Group and Nippon Light Metal announced on Tuesday JS Group purchases all share of Shin Nikkei, which is Nippon Light Metal group's sash maker, on April 1 for 20 billion yen. JS Group purchases the all shares for 654,000 yen while the firm undertakes 20 billion yen of the debt.
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