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Kobe Steel announced its Board of Directors approved the share transfer of Kobelco & Materials Copper Tube Co., Ltd. to CTJ Holdings 2 LLC, which will combine it with another company in the same field.
“To further grow the business, Kobe Steel will transfer shares in KMTC to CTJ Holdings2 LLC, which will combine KMCT with another company in the same field.”kobelco.co.jp
Summarized from public sources; check the original articles before acting on it.