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Furukawa Co., Ltd. to Acquire EarthTechnica from Kawasaki Heavy Industries

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Furukawa Co., Ltd. ( (JP:5715) ) has provided an update.

Furukawa Co., Ltd. and Kawasaki Heavy Industries have signed a Memorandum of Understanding to discuss the transfer of shares of EarthTechnica Co., Ltd., a subsidiary of Kawasaki Heavy Industries. This move is expected to bolster Furukawa’s technological capabilities and expand its presence in the industrial machinery and environmental recycling sectors, enhancing its competitiveness and operations in international markets.

More about Furukawa Co., Ltd.

Furukawa Co., Ltd. operates in the industrial machinery sector, focusing on mechanical technologies for mining and supporting global social infrastructure. The company aims to enhance its corporate value through its core machinery business.

Average Trading Volume: 222,496

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen77.12B

See more insights into 5715 stock on TipRanks’ Stock Analysis page.

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