Nichidai Corporation (TSE:6467) entered into an agreement to acquire additional 25% stake in Nichidai (Thailand) Limited from Mitsubishi Turbocharger Asia Co., Ltd. on March 8, 2024. Post the acquisition, Nichidai (Thailand) will become a wholly owned subsidiary of Nichidai Corporation. The transaction will close on March 29, 2024.
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- Nichidai Corporation entered into an agreement to acquire additional 25% stake in Nichidai Limited from Mitsubishi Turbocharger Asia Co., Ltd.