SBS Holdings announced that it will acquire Mitsubishi Chemical's logistics subsidiary for ¥19.2 billion. It plans to acquire all shares by 1 April 2027 and complete the acquisition.
SBS Holdings announced plans to acquire Mitsubishi Chemical's logistics subsidiary for ¥19.2 billion. The acquisition will be carried out through the purchase of shares, with all shares expected to be acquired by 1 April 2027.
The target is Mitsubishi Chemical's logistics subsidiary, and the transaction value is ¥19.2 billion. A schedule has been presented for the transfer of control following completion of the acquisition.
The announcement was reported by Reuters, and further disclosure is awaited regarding the formal procedures and timing of completion.