Brief: Shibaura Mechatronics says business and capital alliance with engineering unit of Shin-Etsu Chemical

Shibaura Mechatronics

04/12/2017 07:09

Dec 4 (Reuters) - Shibaura Mechatronics Corp  6590.T   
     
    * Says it signs business and capital alliance with 
Tokyo-based 
engineering firm, which is wholly owned unit of Shin-Etsu 
Chemical Co Ltd  4063.T  , on Dec. 4 
    * Says two entities will mainly cooperate on mechatronics 
related 
equipment manufacture, development and sale     
    * Says Tokyo-based engineering firm will acquire 2.6 million 
shares of the company from Toshiba Corp  6502.T , effective Dec. 
20 to Dec. 25  
 
     
    Source text in Japanese:https://goo.gl/ig22nR;https://goo.gl/Hfmsj7 
    Further company coverage: 6590.T  4063.T  6502.T  
 
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