Kanadevia, which operates environmental and infrastructure businesses, and Nippon Steel Engineering, a subsidiary of Nippon Steel Corporation, formally announced on the 29th that they had terminated discussions aimed at a management integration.
Kanadevia, which operates environmental and infrastructure businesses, and Nippon Steel Engineering announced on the 29th that they had terminated discussions aimed at a management integration. In the announcement, the two companies disclosed that they had ended their discussions on the integration.
Nippon Steel Engineering is a subsidiary of Nippon Steel Corporation, and the companies have brought their discussions on integration to an end. No new announcement has been made at this time regarding specific integration plans or a restructuring of their relationship.