Asahi Kasei to Absorb Subsidiary NS Energy

MT Newswires Live

2024/11/22

Asahi Kasei (TYO:3407) said its board has approved a merger to absorb its wholly owned subsidiary, Asahi Kasei NS Energy, effective April 1, 2025, according to its Friday filing.

Originally a joint venture with Nippon Steel, NS Energy became fully owned by Asahi Kasei in 2023, focusing on energy supply within the group. This merger aims to streamline operations by integrating NS Energy into Asahi Kasei.

Price (JPY): $1091.50, Change: $+15, Percent Change: +1.35%

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This merger aims to streamline operations by integrating NS Energy into Asahi Kasei.</p><p>Price (JPY): $1091.50, Change: $+15, Percent Change: +1.35%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4590","symbol_name":"PTP","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2485284074","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485284074","pubTimestamp":1732260547,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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