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MinebeaMitsumi Inc. resolved to enter into an agreement to acquire the automotive motor and automotive cooling fan motor business from Panasonic Industry Co., Ltd. and its group.
“MinebeaMitsumi Inc. hereby announces that it has resolved to enter into an agreement to acquire the automotive motor and automotive cooling fan motor business operated by Panasonic Industry Co., Ltd.”minebeamitsumi.com
Summarized from public sources; check the original articles before acting on it.