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MHI to Conclude Absorption-type Company Split Agreement on Transfer of Machine Tools Business to Wholly Owned Subsidiary

No.1909
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Tokyo, July 31, 2015 - As announced on May 26, in October Mitsubishi Heavy Industries, Ltd. (MHI) will be transferring its machine tools business to Mitsubishi Heavy Industries Machine Tool Sales Co., Ltd. (MHI-MTS), a wholly owned subsidiary. Today, MHI took the formal decision to conclude an absorption-type company split agreement with MHI-MTS enabling the business transfer as per the attached document.

Attachment:(PDF/67KB)PDF

 


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About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.