Nippon Express Co. Ltd. (TSE:9062) agreed to acquire 20% stake in Meitetsu Transport Co.,Ltd. (NSE:9077) from Nagoya Railroad Co., Ltd. (TSE:9048) and other shareholders on December 25, 2015. The deal will close on April 1, 2016.

Nippon Express Co., Ltd. (TSE:9062) completed the acquisition of 20% stake in Meitetsu Transportation Co.,Ltd. from Nagoya Railroad Co., Ltd. (TSE:9048) in April 2016.