Oki Electric Industry Co., Ltd. (TSE:6703) concluded an agreement to acquire Aviation Equipment Business from Yokogawa Electric Corporation (TSE:6841) and Yokogawa Manufacturing Corporation on October 5, 2021. In fiscal year 2020, Aviation Equipment Business reported sales of ¥4.9 billion. The transaction is planned to complete on April 1, 2022.
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- Oki Electric Industry Co., Ltd. concluded an agreement to acquire Aviation Equipment Business from Yokogawa Electric Corporation and Yokogawa Manufacturing Corporation.