Brief: Japan's UBE Corp: To Acquire Germany's LANXESS Urethane Systems Business For About 460 Million Euros

UBE

03/10/2024 07:12

Oct 3 (Reuters) - UBE Corp  4208.T :
    * UBE CORP - NOTICE REGARDING ACQUISITION OF LANXESS
URETHANE
SYSTEMS BUSINESS
    * UBE CORP - ACQUISITION PRICE IS ABOUT 460 MILLION EUROS 
    * UBE CORP - ACQUISITION EXPECTED TO COMPLETE IN FIRST HALF
OF
2025, IMPACT ON CONSOLIDATED FINANCIAL RESULTS FOR NEXT FISCAL
YEAR AND BEYOND IS CURRENTLY UNDER REVIEW
    * UBE CORP - ACQUISITION IS SCHEDULED TO BE FUNDED WITH
INTERNAL
RESOURCES AND DEBT FINANCING

Source text for Eikon:  ID:nTSvc90e28 
Further company coverage:  4208.T 

 (Reporting by Kantaro Komiya)
 ((Kantaro.Komiya@thomsonreuters.com;))