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Kyocera signed a share transfer agreement to acquire 80% of a newly established company, Kyocera Industrial Tools Corporation, which will inherit Ryobi's power tool business. The acquisition is expected to close in January 2018.
“京セラ株式会社は、本日、リョービ株式会社と、株式譲渡契約を締結しましたのでお知らせいたします。”nikkei.com
Summarized from public sources; check the original articles before acting on it.