Kinden Corporation (TSE:1944) entered into an agreement to acquire Fujikura Engineering Ltd. from Fujikura Ltd. (TSE:5803) on June 2, 2021. Under the transaction, Kinden Corporation will acquire 0.002 million shares of Fujikura Engineering Ltd. from Fujikura Ltd. Post transaction, Fujikura Ltd. will not have any stake in Fujikura Engineering Ltd. and Fujikura Engineering Ltd. will ceased to be a subsidiary of Fujikura Ltd. Transaction is scheduled to complete on July 30, 2021.

Kinden Corporation (TSE:1944) completed acquisition of Fujikura Engineering Ltd. from Fujikura Ltd. (TSE:5803) in July 2021.