KP Co., Ltd. cancelled the acquisition of 8.2% stake in Fuji Die Co.,Ltd..
March 21, 2020
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KP Co., Ltd. agreed to acquire 8.2% stake in Fuji Die Co.,Ltd. (TSE:6167) on March 22, 2019. As per the terms of transaction, KP Co., Ltd will acquire 1.6 million in Fuji Die Co.,Ltd.
KP Co., Ltd. cancelled the acquisition of 8.2% stake in Fuji Die Co.,Ltd. (TSE:6167) on March 22, 2020.
Fuji Die Co.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of wear resistant tools with cemented carbide and cemented carbide chips. The Company is mainly engaged in the production of dies, plugs, grooved plugs, hot rolling rolls, cold forming rolls, high pressure generating tools, kneading tools, cutleries, automobile parts production molds, canning molds, battery related molds, optical element molding dies, powder molds, molds for semiconductor and electronic components, cemented carbide chips, steel products, ceramics products, copper tungsten alloys, diamond grinding wheels, solid lubricating composite materials (no friction metal), drawn steel pipes and other products.