Announced
SC Airbag Holdings o acquire 82.84% stake in Sumisho Airbag Systems from Sumitomo Corporation.
Synopsis
SC Airbag Holdings, an airbag producer company, agreed to acquire 82.84% stake in Sumisho Airbag Systems, a company engaged in the manufacture and sales of cushions for airbags, from Sumitomo Corporation, a general trading companies. Financial terms were not disclosed.
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