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YKK Corporation and Panasonic Holdings Corporation signed a share transfer agreement for Panasonic Housing Solutions Co., Ltd. An intermediate holding company established by YKK will acquire 80% of PHS shares, with PHD retaining 20%. The companies will jointly manage PHS.
“By combining the strengths of both companies, we aim to create a leading company that drives the future of the construction materials and housing equipment business.”ykkapglobal.com
Summarized from public sources; check the original articles before acting on it.