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Azbil Corporation has entered a capital and business alliance with Autech Corporation and will acquire additional shares for ¥7,161 million, raising its voting rights to 20.04% and making Autech an equity-method affiliate.
“Azbil has entered into a capital and business alliance agreement with Autech and will acquire additional Autech shares aiming to make Autech an equity-method affiliate.”japanir.jp
Summarized from public sources; check the original articles before acting on it.