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Sumitomo Corporation agreed to transfer a 70% equity stake in its wholly owned subsidiary S.C. Cement to Sumitomo Osaka Cement. The transfer is scheduled to be completed on October 1, 2026.
“Sumitomo Corporation has agreed to transfer a 70% equity stake in its wholly owned subsidiary, S.C. Cement Co., Ltd., to Sumitomo Osaka Cement Co., Ltd.”sumitomocorp.com
Summarized from public sources; check the original articles before acting on it.