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Mitsubishi Heavy Industries has concluded an absorption-type split agreement to integrate Mitsubishi Power's business operations and employees, effective October 1, 2021, to accelerate Energy Transition solutions.
“An absorption-type split agreement to integrate the two companies' business operations has now been concluded, whereby the business operations and employees of Mitsubishi Power will be taken over by MHI effective October 1, 2021.”mhi.com
Summarized from public sources; check the original articles before acting on it.