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MinebeaMitsumi Inc. has completed the acquisition of ABLIC Inc., making it a wholly owned subsidiary. The share transfer agreement was signed with Development Bank of Japan (70%) and Seiko Instruments Inc. (30%).
“ABLIC is hereby pleased to announce that, it completed the Acquisition of Shares today and has become a wholly owned subsidiary by MinebeaMitsumi.”ablic.com
Summarized from public sources; check the original articles before acting on it.