Tokyo Tekko Co., Ltd. (TSE:5445) acquired an additional 18.7% stake in Itoh Iron & Steel Co., Ltd from existing shareholders on April 27, 2018. Tokyo Tekko Co., Ltd. acquire 2.59 million shares of Itoh Iron & Steel and post completion will hold 2.89 million shares of Itoh Iron & Steel. Post transaction, Itoh Iron & Steel has become an equity method affiliate of Tokyo Tekko. the transaction is resolved by Tokyo Tekko Co., Ltd on April 27, 2018. Tokyo Tekko Co., Ltd. (TSE:5445) completed the acquisition of an additional 18.7% stake in Itoh Iron & Steel Co., Ltd from existing shareholders on April 27, 2018.