Japanese seafood company Maruha Group has decided to integrate operations with smaller rival Nichiro Corp.
According to local reports, a holding company is to be created next October but the swap ratio has not yet been decided.
Maruha Group’s share price jumped 6.38% to JPY250 (US$2.14) on the Tokyo Stock Exchange following today’s (11 December) news reports.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData