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Mitsui E&S (7003) Will Transfer Its Subsidiary Kaji Tech (6391), a Manufacturer of Air and Gas Compressors, to the Corporate Support Research Institute Through a Tender Offer.
Mitsui E&S will transfer Kaji Tech, a subsidiary that manufactures air and gas compressors, to the private equity fund Corporate Support Research Institute (CSRI, Chiyoda-ku, Tokyo) through a tender offer (TOB) or other means, in order to eliminate the risk of conflicts of interest associated with parent-subsidiary listings and to concentrate management resources on its core businesses such as marine propulsion systems and logistics systems.
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Mitsui E&S will transfer Kaji Tech, a subsidiary that manufactures air and gas compressors, to the private equity fund Corporate Support Research Institute (CSRI, Chiyoda-ku, Tokyo) through a tender offer (TOB) or other means, in order to eliminate the risk of conflicts of interest associated with parent-subsidiary listings and to concentrate management resources on its core businesses such as marine propulsion systems and logistics systems.